Folks,
Are we are about to test the trend line again?
We see the support line in the momentum oscillator is about to be tested.
The candle of the 1st test of the uptrend line is forming and when you look at the lower shadow of the candle that tells us that for now lower prices are rejected.
The real body of the candle is at the uptrend line.
I personally expect prices to be in a rest zone for now and testing support before rallying up again and try to break resistance..
Are we are about to test the trend line again?
We see the support line in the momentum oscillator is about to be tested.
The candle of the 1st test of the uptrend line is forming and when you look at the lower shadow of the candle that tells us that for now lower prices are rejected.
The real body of the candle is at the uptrend line.
I personally expect prices to be in a rest zone for now and testing support before rallying up again and try to break resistance..