1. Backtest weekly and Trend Line as resistance
This establishes bearish MS as we make a Lower High
2. Proceed to make a Lower Low, following the bearish MS.
Target weekly demand @ 46500-48000
Could see a nasty wick in 44500, but expecting 46500 to hold with a daily close
This establishes bearish MS as we make a Lower High
2. Proceed to make a Lower Low, following the bearish MS.
Target weekly demand @ 46500-48000
Could see a nasty wick in 44500, but expecting 46500 to hold with a daily close