Context:
Price is in a current strong rallie which broke thru resistance @1.10xx , however price rejected a former
middlepoint of an indecision @ 1.135x , but we are still in a strong market as the demandline still holds.
if we from a another attempt to test the level of 1.135 and we fail again this adds to weakness
any break of that demand line will get us back to test the level of 1.10 again ,
signs of strenght:
strong rallie
broken resistance
demandline still holds
signs of weakness:
price respected former MP @1.135
Price is in a current strong rallie which broke thru resistance @1.10xx , however price rejected a former
middlepoint of an indecision @ 1.135x , but we are still in a strong market as the demandline still holds.
if we from a another attempt to test the level of 1.135 and we fail again this adds to weakness
any break of that demand line will get us back to test the level of 1.10 again ,
signs of strenght:
strong rallie
broken resistance
demandline still holds
signs of weakness:
price respected former MP @1.135