Original Analysis performed on April 4th
Price has failed to break below the support/ demand zone .
As you can see price has been respecting this area for quite sometime.
If you look at the weekly time frame, you will notice where I have the listed as the neckline is where price broke below that minor former support area . I am expecting price to possibly "retest" this area.
Price has began it's push to the upside. I'm looking forward to price to ultimately test the resistance/supply area.
Price has began moving in the direction as expected.
Price has failed to break below the support/ demand zone .
As you can see price has been respecting this area for quite sometime.
If you look at the weekly time frame, you will notice where I have the listed as the neckline is where price broke below that minor former support area . I am expecting price to possibly "retest" this area.
Price has began it's push to the upside. I'm looking forward to price to ultimately test the resistance/supply area.
Price has began moving in the direction as expected.
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