Red Neckline Zone(RNZ): price comback first and second try touch 50 day EMA(1311) then drop forming a Bearish Line Zone.
Blue Neckline Zone(BNZ): Price Drop to the low of 1073 forming a big V shape Bullish Neckling Zone.
Now price circle around to backtest.
Maybe backtest Red Neckline Zone.
Maybe backtest Blue Neckline Zone.
Which one backtest can kick-in more?
Maybe both side can kick-in, too.
Bias is on the bull side.
Blue Neckline Zone(BNZ): Price Drop to the low of 1073 forming a big V shape Bullish Neckling Zone.
Now price circle around to backtest.
Maybe backtest Red Neckline Zone.
Maybe backtest Blue Neckline Zone.
Which one backtest can kick-in more?
Maybe both side can kick-in, too.
Bias is on the bull side.