Triple AB=CD (and alternates) into Support Area
We have two AB x 1.272 = CDs and an AB=CD terminating within a tight PRZ right
into our Support area. Whether or not one would be considering initiating a long position,
anyone currently short would certainly want to be aware of the potential for reversal
(or the halting of the selloff) in this area. I would be looking for divergences given
that technical tools are also being utilized.
into our Support area. Whether or not one would be considering initiating a long position,
anyone currently short would certainly want to be aware of the potential for reversal
(or the halting of the selloff) in this area. I would be looking for divergences given
that technical tools are also being utilized.