AFTER PERFECT DOWNTREND WE CAN SEE THE FORMATION OF LITTLE DOJOS .THIS USUALY IS A HUGE REVERSAL SIGNAL.
CONFLUENCES
1 DOJOS ACT AS RES LEVEL.
ANOTHER RES LEVEL WHICH IS ON THE 50 PERCENT OF FIBO RETRACEMENT
AS A CONF SIGNAL WE ARE WAITING THE BULLS TO BREAK THE TRENDLINE AND RETEST THE LEVEL AS SUPP.
CONFLUENCES
1 DOJOS ACT AS RES LEVEL.
ANOTHER RES LEVEL WHICH IS ON THE 50 PERCENT OF FIBO RETRACEMENT
AS A CONF SIGNAL WE ARE WAITING THE BULLS TO BREAK THE TRENDLINE AND RETEST THE LEVEL AS SUPP.