PA trades below Monthly PP which has acted as support
twice. A triangle pattern is formed as well succeding
Bearish Divergence (which perhaps has been partly
unwinded as recent tops/bottoms lack divergence).
For Bulls to return the grip Price needs to take out tops
at Monthly PP and tobreak the triangle.
twice. A triangle pattern is formed as well succeding
Bearish Divergence (which perhaps has been partly
unwinded as recent tops/bottoms lack divergence).
For Bulls to return the grip Price needs to take out tops
at Monthly PP and tobreak the triangle.