With price coming out of the accumulation range in a downtrend and collapsed under weekly mitigated support/demand.
Price is now retesting this weekly level in a textbook 'break & retest'.
Bulls need to reclaim this area for a chance, other than that it could be curtains.
Price is now retesting this weekly level in a textbook 'break & retest'.
Bulls need to reclaim this area for a chance, other than that it could be curtains.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.