As seen in the examples on the link below this can be a strong buy signal.
www.cop.es/colegiados/s-01862/pf.htm
All targets are indications for possible future price action and not time dependent!
Better visual blue line "bullish resistance break"!
www.cop.es/colegiados/s-01862/pf.htm
All targets are indications for possible future price action and not time dependent!
Better visual blue line "bullish resistance break"!
Trade active:
Better visual blue line "bullish resistance line break"!
Trade active:
Projection still bullish bias:-