Bulls were strong enough to break the first bearish TL on July 19, 2022.
They pushed price up to the next major bearish TL and then reversed down from there.
Daily prior high and low are marked up. Now this indicate is near the prior low so we have to see what will happen tomorrow.
Bulls will try to create HL and then go up and test the TL. Bears also try to break below bear trend extreme and tests the weekly prior low.
They pushed price up to the next major bearish TL and then reversed down from there.
Daily prior high and low are marked up. Now this indicate is near the prior low so we have to see what will happen tomorrow.
Bulls will try to create HL and then go up and test the TL. Bears also try to break below bear trend extreme and tests the weekly prior low.