The resistance support starts from the same value area we were at before te last run up of the previous bullrun.
The bottom support falling wedge also starts at the same area. It comes down to pricesly what was the lowest buying opportunity.
It could be an indication where this market could run up to for it's firt leg up whit the fib retracement to higher the probality.
The MACD is false. (Forgot to leave it out my bad)
The Momentum indicator (still waiting for it to turn green on weekly)
The bottom support falling wedge also starts at the same area. It comes down to pricesly what was the lowest buying opportunity.
It could be an indication where this market could run up to for it's firt leg up whit the fib retracement to higher the probality.
The MACD is false. (Forgot to leave it out my bad)
The Momentum indicator (still waiting for it to turn green on weekly)