Context:
the broken support turned resistance , but there is no clear path resulting in this action
and therfore price finds itselff yet again in an inedecision mode , and its how that
indecision resolves itself in order to speak of either continued weakness (breakdown) or
returning strenght (breakout)
signs of strenght:
uptrend
signs of weakness:
strong selling pressure
broken support turns resistance
the broken support turned resistance , but there is no clear path resulting in this action
and therfore price finds itselff yet again in an inedecision mode , and its how that
indecision resolves itself in order to speak of either continued weakness (breakdown) or
returning strenght (breakout)
signs of strenght:
uptrend
signs of weakness:
strong selling pressure
broken support turns resistance