DislikedPrice reaches our Weekly "Resistance" level . .I put Resistance in quotes because now we want confirmation or signs that its acting as Resistance.
A weekly close below would prove it and/or a Daily close would also give a good sign of Resistance. But the Weekly hasn't closed yet . .so we look at the Daily. We could look at the lower time frames for this confirmation but staying on the Weekly and Daily will give a stronger confirmation. . .meaning a close below.
On the 4 Hour , a good confirmation would be of course a close below but also...Ignored
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Indicators show the past. Price Action "Indicates" the future.
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Indicators show the past. Price Action "Indicates" the future.
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Indicators show the past. Price Action "Indicates" the future.
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Indicators show the past. Price Action "Indicates" the future.
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Indicators show the past. Price Action "Indicates" the future.
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I believe . . .
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