In the beginning 27th of May till 31st CLAMS made quite nice triple bottom formation combined with respected GAP in Daily chart and very nice three soldier’s pattern. All GAPS marked on the chart are based on the weekly chart which makes them really solid support. There is another GAP which stopped bullish movement and then we can see some extended consolidation with one attempt to break it. Unfortunately pair was unable to stay above the GAP but what is interesting the psychological number 0.00200000 stopped further losses. I can see here market uncertainty. I think that the pair is preparing for another attempt to go thru this GAP again. 13th of June pair respected .002000 level.
I marked big caffeine bullish candle on chart which in my opinion has good chance to appear some time in near future
I marked big caffeine bullish candle on chart which in my opinion has good chance to appear some time in near future