Projecting prior accumulation line with current triangle shape looks like 1600 will be area to look for buyers to support price.
Will be watching for double bottom shapes in that area, not buying without additional confirmation.
There's not really a good elliot count from the top to work with so this is just a "wait and see" chart.
Will be watching for double bottom shapes in that area, not buying without additional confirmation.
There's not really a good elliot count from the top to work with so this is just a "wait and see" chart.
Comment:
Zero support at 1600, no double bottom found there so no trade made