We mark resistance because..

Very significant price where

#/ Dealers would sell their long contract bought at 70/71 .
#/ Now their liquidity (held positions are low)

From tis chart.. Dealers are accumulating 76-78.5


This theory will be evident WHEN..

Low liquidity will push Dealers to buy above {marked price}


From now..

I shall decide on.. LONG position

How you use this idea /story is up to you.
One wait confirmation. One can HODL.
All must have stops.

All the best
Beyond Technical AnalysisTrend Analysis

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