Bullish close of the week.
On chart is upcoming week levels of support/resistance.
Red lines = exact levels of support/resistances.
Red : blue line = zone of support/resistance.
--> On a given timeframe: If closing above both a blue + red line = resistance level taken out and old resistance becomes support.
On chart is upcoming week levels of support/resistance.
Red lines = exact levels of support/resistances.
Red : blue line = zone of support/resistance.
--> On a given timeframe: If closing above both a blue + red line = resistance level taken out and old resistance becomes support.
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In a clear "long" position zone.
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Very bullish reversal so far.
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Today's high @ upper weekly resistance level interval. For reversal, it should get above.
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GO LONG!!!