HH & HL's shown on chart signalling uptrend since August 2019
At present, price made a HH.
Before a HL can be made, liquidity has to be provided for volume.
Thus, price will drop into the minor support before moving up creating a double top at the HH
Price will get liquidity in this region to move down to create the HL.
This HL will be in the Liquidity Range and provide enough volume to send the price higher to the June 2016 resistance area, creating another HH
At present, price made a HH.
Before a HL can be made, liquidity has to be provided for volume.
Thus, price will drop into the minor support before moving up creating a double top at the HH
Price will get liquidity in this region to move down to create the HL.
This HL will be in the Liquidity Range and provide enough volume to send the price higher to the June 2016 resistance area, creating another HH