The Green line is the resistance from the day chart.
There seems to be decent support for the triangle at A and B.
I'm watching to see if it bounces back up and possibly breaks up to start a new trend or if it breaks down.
I'm not sure if I'd take a short if it breaks down just because I'm not very certain about my analysis.
Any ideas?
There seems to be decent support for the triangle at A and B.
I'm watching to see if it bounces back up and possibly breaks up to start a new trend or if it breaks down.
I'm not sure if I'd take a short if it breaks down just because I'm not very certain about my analysis.
Any ideas?