Observing the rising wedge support meeting the resistance levels
red resistance is a weekly at 9979
blue resistance is the local support and resistance at 10070
10070 is a potential entry for a long, on retest after a clear breakout.
right now the 9978 resistance is potentialy turning into support.
let's see how it unfolds.
red resistance is a weekly at 9979
blue resistance is the local support and resistance at 10070
10070 is a potential entry for a long, on retest after a clear breakout.
right now the 9978 resistance is potentialy turning into support.
let's see how it unfolds.