from this 10y chart the extract is that when a line is touched 3 times, the 4th time something different occurs:
- either it breaks through (very unlikely here)
- or the line is not reached.
Note how the 100 week ema is important and often used as an important reset.
- either it breaks through (very unlikely here)
- or the line is not reached.
Note how the 100 week ema is important and often used as an important reset.