Context:
down channel still intact and we have broken a demandline and the middlpoint @79400
which should be considered weak , there are two support levels where we might see a bullish
reaction that be @7875 and @7800 , as long as price stays within its channel it should be considered weak
signs of strenght:
None
signs of weakness:
rejection of mean
down channel
broken demandline
broken middlepoint
down channel still intact and we have broken a demandline and the middlpoint @79400
which should be considered weak , there are two support levels where we might see a bullish
reaction that be @7875 and @7800 , as long as price stays within its channel it should be considered weak
signs of strenght:
None
signs of weakness:
rejection of mean
down channel
broken demandline
broken middlepoint