I'm concentrating on what happens on a breach because the week closed higher. The past is not way giving the future 100% odds..
In the past it stayed above for 5 to 6 days. When it did come down the drop candle was large. Ranging from 90 pips to 115.. If this happens, one can see longs never recovered.
Even the times near the 200,, notice the long rejection candles.. most closing near the candle low. mostly followed by several days of drop..
In the past it stayed above for 5 to 6 days. When it did come down the drop candle was large. Ranging from 90 pips to 115.. If this happens, one can see longs never recovered.
Even the times near the 200,, notice the long rejection candles.. most closing near the candle low. mostly followed by several days of drop..
those who can, do. those who cant, talk about those who can