Hi there,
Price just reached 4 stage of a parabolic movement at 4hs Chart. Besides, it was stopped of a Chuvashov Fork Line comming from past and from 1D Chart.
Every Colored line is an indicator for parabolic movement. When one of the lines are broken, the one before serves as support line.
Probably would try to go back to supply zone before breakout and retest to continue uptrend.
Cheers.
Charter X
Price just reached 4 stage of a parabolic movement at 4hs Chart. Besides, it was stopped of a Chuvashov Fork Line comming from past and from 1D Chart.
Every Colored line is an indicator for parabolic movement. When one of the lines are broken, the one before serves as support line.
Probably would try to go back to supply zone before breakout and retest to continue uptrend.
Cheers.
Charter X