Working out what happened:
Varta was recently stuck in a triangular formation that erupted on October 22nd, 2020.
The price then went up to a high of € 119.70.
From there there was a retest, which now functions as a support zone (around € 116.10).
The hourly chart now shows that the € 117.90 is also a support zone .
As you can now see in the trend channel, we...