ANUP Engineering is at an interesting juncture! 📊
Green Trendline ✅: Acting as strong dynamic support, tested multiple times.
Yellow Counter Trendline ⚡: The reactive line that could lead to a potential breakout.
Blue Resistance 🔵: Multi-timeframe (MTF) resistance—first hurdle after a breakout.
Yellow Resistance 🟡: Major resistance level where price action has reacted before.
Multi-Timeframe Analysis (MTFA) is Key: If the Counter Trendline (CT) breaks, price may first test the MTF Resistance (Blue Line) before challenging the WTF Resistance (Yellow Line).
Green Trendline ✅: Acting as strong dynamic support, tested multiple times.
Yellow Counter Trendline ⚡: The reactive line that could lead to a potential breakout.
Blue Resistance 🔵: Multi-timeframe (MTF) resistance—first hurdle after a breakout.
Yellow Resistance 🟡: Major resistance level where price action has reacted before.
Multi-Timeframe Analysis (MTFA) is Key: If the Counter Trendline (CT) breaks, price may first test the MTF Resistance (Blue Line) before challenging the WTF Resistance (Yellow Line).
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