AU reached the confluence point of both forks and a heavy resistance from prior highs.
If price breaks above the white U-MLH, I would be willing to buy a retest.
But, because the blue L-MLH was expected to be retested as of the rules of the framework, I can imagine price to bounce back first, bevor breaking to the upside for a longterm move.
Observe...
P!
If price breaks above the white U-MLH, I would be willing to buy a retest.
But, because the blue L-MLH was expected to be retested as of the rules of the framework, I can imagine price to bounce back first, bevor breaking to the upside for a longterm move.
Observe...
P!
Comment:
Now it's time to observe it closer and probably take some action soon...