Support able to hold at upper buffer to continue momentum past 1900 and onto orange trendline, or upper uptrend average.
Current resistance can be seen at this zone with 1900 now acting as support; see attached H4 for better clarification.
Now that we've hit the expected high it's possible that we see a quick dip back to 1800/long-term trendline range before the next major cycle breakout.
Current resistance can be seen at this zone with 1900 now acting as support; see attached H4 for better clarification.
Now that we've hit the expected high it's possible that we see a quick dip back to 1800/long-term trendline range before the next major cycle breakout.
Yorum:
