The resistance has been broken and the new support has been tested twice.
The volume lead to a gap up. the momentum is not sustainable, retracement is likely. if the new support is broken. Will short post the formation of the candle below the support
Keeping a point above the new resistance as SL.
The volume lead to a gap up. the momentum is not sustainable, retracement is likely. if the new support is broken. Will short post the formation of the candle below the support
Keeping a point above the new resistance as SL.