A strong hold off 200EMA provides enough momentum to help us recover back into pattern.
Support remains as shown however a second line was added to indicate a possible expansion (+ final breakout point).
Keep in mind that price is still below 1650 which means that we have that hurdle in order to continue fill out.
D1 does show a hammer reversal so it's likely that we see further bullish action however this doesn't disregard the LT double-top until pattern is broken.
Support remains as shown however a second line was added to indicate a possible expansion (+ final breakout point).
Keep in mind that price is still below 1650 which means that we have that hurdle in order to continue fill out.
D1 does show a hammer reversal so it's likely that we see further bullish action however this doesn't disregard the LT double-top until pattern is broken.
