trendline watch 8/7 10pm
key support line for a bounce off, watching the bottom circle closely for a call option.
is this the right candle to go through, at second circle massive uptrend is this easily recognised with the trendline I have drawn? Should I have but Fib lines on?
trying to determine here what I am looking for when it hits a great low like the circled point. how can I know that it is going to go up.
Attempt at trying to use a trendline through a support line where the candle broke through at the highest point.