what i think is the resistance = orange lines
what i think is the support = blue lines
black line = trend line
Bullish Pendant Forming,
Could break out to the resistance as per orange box.
If it dips below the black trend lines forming the pendant, we may see a trend reversal into a bearish trend.
what i think is the support = blue lines
black line = trend line
Bullish Pendant Forming,
Could break out to the resistance as per orange box.
If it dips below the black trend lines forming the pendant, we may see a trend reversal into a bearish trend.