- Price showed a nice bounce near that . showed a 12hr OS signal there.
- div between the down-steps.
- Note the OS signals in MTF pane. Last leg to 250 showed 2 timeframe OS signals, while the leg to 236 showed 3 timeframe signals. There still is the possibility of another short leg down to retest that , expecting to see all green in there if it happens. Usually, that is a good bounce signal.
- %R MTF has started showing OB on lower timeframes (4hr).
Will wait to see how the retest goes. Breaking down this 230 level in the next retest is a clear cycle start, of course.