Upside-Down Charts can give more perspective especially if you are biased.
This chart is telling me that a previous strongly tested support aswell as when it was resistance has been broken to the upside but has not went back down to test it again to ensure it´s stability. Since previous price action has proven the Green Support/Resistance line to be very important gives me reason to believe that price will not move forward without re-testing it first.
Make your choice.
This chart is telling me that a previous strongly tested support aswell as when it was resistance has been broken to the upside but has not went back down to test it again to ensure it´s stability. Since previous price action has proven the Green Support/Resistance line to be very important gives me reason to believe that price will not move forward without re-testing it first.
Make your choice.