Context:
price continous its rallie, by breaking a resistance level @5550 , the market is showing signs of strenght
since it found support and broke the Major supplyline , if price remains in its current rallie mode
we will test @58700 , a correction to test broken resistance yet again may be a chance to get in on a pullback
signs of strenght:
strong rallie
increased momentum
broken resistance
signs of weakness:
none
price continous its rallie, by breaking a resistance level @5550 , the market is showing signs of strenght
since it found support and broke the Major supplyline , if price remains in its current rallie mode
we will test @58700 , a correction to test broken resistance yet again may be a chance to get in on a pullback
signs of strenght:
strong rallie
increased momentum
broken resistance
signs of weakness:
none