Supports/resistances shown on chart.
Breaking upwards strongly one of these lines, you can take position on testback.
Ideally we shall start straight upwards in a bullish setup
Breaking upwards strongly one of these lines, you can take position on testback.
Ideally we shall start straight upwards in a bullish setup
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Invalidation line wrongly inserted @ chart for bullish setup. I'm sorry, only a lower low below this line would invalidate.
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But: chances for going lower before significantly higher has increased. That is a shame. We might now get a prolonged period of non-trend or even some downtrend. Boring, I know.
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Nice intraday reversal but got blocked by the road so far. The close will be interesting.