additional comment on chart :
2nd lower high.
can take support and form a triple bottom ( strength );
or;
form lower low ( weakness ) .
Note :
All my charts are for informational / educational purposes only.
I post ideas to share interesting setups forming in the market that might lead to generating new trading ideas for fellow traders and myself.
No buying or selling recommendations will be given or answered, please do your own due diligence.
I'll be updating the chart with my commentary to keep a track of the charts and how they behaved after the initial posting.
You are welcomed to comment if you have a viewpoint on any chart.
Thanks.
2nd lower high.
can take support and form a triple bottom ( strength );
or;
form lower low ( weakness ) .
Note :
All my charts are for informational / educational purposes only.
I post ideas to share interesting setups forming in the market that might lead to generating new trading ideas for fellow traders and myself.
No buying or selling recommendations will be given or answered, please do your own due diligence.
I'll be updating the chart with my commentary to keep a track of the charts and how they behaved after the initial posting.
You are welcomed to comment if you have a viewpoint on any chart.
Thanks.
Comment:
zoom in to chart to have recent action more visible.
Comment:
has broken the black line.
Comment:
Effect of not holding up the support. 3 % down.
