breakout or false breakout ?
Comment:
false it is.
Comment:
. . .
Comment:
looking back at what happened, the overall price responded to massive price moves in index.
4th turned out a selling day and 5th equally impactful buying day.
So the price happened to take a short detour.
on 5th managed to stay above channel, and then shot up.
4th turned out a selling day and 5th equally impactful buying day.
So the price happened to take a short detour.
on 5th managed to stay above channel, and then shot up.