Interesting Convergence
A long downtrend is broken at the end of December 2021. This is followed by a small breakout to Kumo Resistance, then a new trendline forms at the bottom providing support. Another trendline forms as resistance, and the two trendlines appear to converge at the recently formed bullish Kumo twist. So, let's see what happens.
A long downtrend is broken at the end of December 2021. This is followed by a small breakout to Kumo Resistance, then a new trendline forms at the bottom providing support. Another trendline forms as resistance, and the two trendlines appear to converge at the recently formed bullish Kumo twist. So, let's see what happens.