The orange up-sloping Fork is showing, that price is at the WL1, which gives natural support at this stretchy point.
Another indication is, that price is now once more at the U-MLH of the white Fork that acts also as a support level, which we saw with the earlier touches.
The magenta lines are plain Action/Reaction lines, derived from Newtons Law of nature.
Let's observe if we get the expected pullback...
P!
Another indication is, that price is now once more at the U-MLH of the white Fork that acts also as a support level, which we saw with the earlier touches.
The magenta lines are plain Action/Reaction lines, derived from Newtons Law of nature.
Let's observe if we get the expected pullback...
P!