Extraodrinary shake out candle and raising prices indicates
1. Range resistance line as first target
2. futher targets drawn may also achieved after supply absorption at range top
long consolidation already removed maximum supply at these levels
shakeout candle tested supply at bottom comfortably
sector support gives addtional confirmation
1. Range resistance line as first target
2. futher targets drawn may also achieved after supply absorption at range top
long consolidation already removed maximum supply at these levels
shakeout candle tested supply at bottom comfortably
sector support gives addtional confirmation
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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.