The candle pattern formed Friday is a very small dark cloud cover at a monthly res level (red line)+ rising diagonal res line.
A lot of former res now supp zones (red arrows - light blue rectangle) make this setup not so attactive from R:R point of view. Also to be considered the small bull channel and the ascending diagonal supp line).
A lot of former res now supp zones (red arrows - light blue rectangle) make this setup not so attactive from R:R point of view. Also to be considered the small bull channel and the ascending diagonal supp line).
