GG quick bull retest at resistance zone
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After that dump, then dead cat bounce (price retraced back to the 50%) the new resistance level has been created. The price will most likely steadily go up trend until it meets that resistance.
2 possibilities:
- If it manages to break through the zone of confluence then expect an attempt for the support to be built at that price range
- If it gets rejected at the zone, then simple retracement back to the lower trend line
2 possibilities:
- If it manages to break through the zone of confluence then expect an attempt for the support to be built at that price range
- If it gets rejected at the zone, then simple retracement back to the lower trend line
交易結束：目標達成
It broke past the zone but failed to build support at the resistance. The usual sell off presumed and now fallen out of the trend免責聲明
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