Buyer might enter trade very soon
*Refer to numbers plotted on the chart.
1. Price swing back up even after failing to sustain price above breakthrough.
2. Price dipped after initial breakthrough, followed by 2nd bearish candle confirmation
3. 3rd bearish candle did not reach new low, against previous candle.
Verdict: Buyer likely see a good opportunity to buy low sell high, near the blue support line.
1. Price swing back up even after failing to sustain price above breakthrough.
2. Price dipped after initial breakthrough, followed by 2nd bearish candle confirmation
3. 3rd bearish candle did not reach new low, against previous candle.
Verdict: Buyer likely see a good opportunity to buy low sell high, near the blue support line.
