Heading to the floor of 23344? Looks that way.
Greetings all.
Ready for the bears to prowl?
The orange highlighted zone is the original S/R from 2018 until the December break down created a new floor.
It appears we have tapped the roof 3 times now. Since we couldn't break through it (with the help of a tweet on May 4th and a trade war). We are heading back to the floor.
Well, we need to move in one direction or another!
So...caught within the S/R range highlighted in the chart, we have triggered for a move to ~23649.
Ready for the bears to prowl?
The orange highlighted zone is the original S/R from 2018 until the December break down created a new floor.
It appears we have tapped the roof 3 times now. Since we couldn't break through it (with the help of a tweet on May 4th and a trade war). We are heading back to the floor.
Well, we need to move in one direction or another!
So...caught within the S/R range highlighted in the chart, we have triggered for a move to ~23649.