Context:
price rallied through a supplyline . makes a series of higher highs and lows.
and trades towards the major resistance level of 77500, any break of the demandline
followed by lower high and we might retest he level of 76600 again, if the rally continues
the next stop would be the resistance level of 77500.
Signs of strength:
broken supplyline
strong rallies
Signs Of weakness:
none
Support:
76900
76600
Resistance:
77350
77500
www.invezted.com
price rallied through a supplyline . makes a series of higher highs and lows.
and trades towards the major resistance level of 77500, any break of the demandline
followed by lower high and we might retest he level of 76600 again, if the rally continues
the next stop would be the resistance level of 77500.
Signs of strength:
broken supplyline
strong rallies
Signs Of weakness:
none
Support:
76900
76600
Resistance:
77350
77500
www.invezted.com