Nice move here on RSS3, attempting to break back into the range. Ultimately youd like to see a checkback to confirm support and show buyers stepping in at higher prices to support the level.
Above here, id look for a retest of .16 and .26 eventually, with .37 being a full return.
Commonly youll see these types of patterns break thru levels like .16, over shoot, and then retest before moving up to any real draws on liquidity. Looking left, if you did that, it could potentially open up the .37 level or higher.
Above here, id look for a retest of .16 and .26 eventually, with .37 being a full return.
Commonly youll see these types of patterns break thru levels like .16, over shoot, and then retest before moving up to any real draws on liquidity. Looking left, if you did that, it could potentially open up the .37 level or higher.