here i am posting the weekly chart. do you see , what i am seening? yes, you are right . the big bullish candles on weekly fast approching the 200 ema and a weekly ressistance lvl. i am bullish in it as we can see there was an uptrend and then we get retracement. know that retracement is over and we have started next uptrend. i will be trying to find a long oppertunity.
ifvprice retrace from ema or resistance lvl i will go to lower time from to find a lvl to go long
ifvprice retrace from ema or resistance lvl i will go to lower time from to find a lvl to go long
this id daily chart. the price has broken downtrend trendline. in most cases market retest the trendline or atleast retrace to some lvl. we can get that retracement when market test the resistance lvl. i will update next week when market makes new higher low