RE: 12th Aug 202112 Aug 2021 22:43
A down day today, but l could hardly describe it as a pull back as it sits nicely in an uptrend.. yesterday’s previous bar was a dojo usually seen as a reversal, but in this instance l doubt it as the open/close marks the top of resistance and therefore an unconfirmed breakout and undecided.. yesterday’s candle touched off the initial down trend, 1st test, and therefore l tend to believe price will attempt higher prices hopefully tomorrow.. resistance to break and beat 311.25 sees higher prices.. bullish weekly candle >307.55.. GL all