Context:
After a nice rallie , we rejected a former middlepoint @1.135x , price tunred down and broke a demandline
formed a indecsion and cleared it to the downside , we have found some minor support @1.1135 ,
if that level fails to hold we head back to test the broken resistance @10200
signs of strength:
uptrend
broken resistance
signs of weakness:
rejection of MP
broken demandline
series of lower highs and lows
After a nice rallie , we rejected a former middlepoint @1.135x , price tunred down and broke a demandline
formed a indecsion and cleared it to the downside , we have found some minor support @1.1135 ,
if that level fails to hold we head back to test the broken resistance @10200
signs of strength:
uptrend
broken resistance
signs of weakness:
rejection of MP
broken demandline
series of lower highs and lows