Price has been breakout with good volume Risk little bit higher. May need to use lower timeframe to reduce the risk
1. High volume Line Change - Great effort bar to monitor for potential support and resistance 2. Shakeout area - Removal of weak-hand holders 3. Shakeout completed with high volume - Confirmation of Strength signal with higher volume - NS at the previous support (low of Line Change) Looking for low risk entry near low of NS bar Hit the "LIKE" button to support...
MYX:WMG SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
It is standing tall right at the support level with stoch undersold