Long Idea
I think sellers are struggling to continue moving price lower after coming into contact with a long term support
We have a weak high from yesterday which I believe may be investigated
Additionally price failed to break out of the value area on the downside earlier this morning which is suggestive that initiative buyers are present.
If we can break through this current resistance, being yesterdays POC, price may move upwards quite smoothly
We have a weak high from yesterday which I believe may be investigated
Additionally price failed to break out of the value area on the downside earlier this morning which is suggestive that initiative buyers are present.
If we can break through this current resistance, being yesterdays POC, price may move upwards quite smoothly
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