Looking at a retest

27 באוג׳ 2021

I see a weak momentum, it is likely going to retest to pick momentum from the trend or the valley.

27 באוג׳ 2021

הערה

On this timeframe and higher timeframe, this level has never been an accumulation zone, so It's either it finds momentum on a smaller time frame or it goes down to get it.

28 באוג׳ 2021

הערה

As predicted, there was a retest and it respected the trend. I am personally expecting a long bounce in the upward direction now.