Context:
gained some nice strenght , broke out to the upside of an indecision level
but price did respect the "mean" of a Major downchannel and we are currently on its way to test
the middlepoint of that broken indecision level, any reaction or lack thereof (breakthru)
will tell us the future course of this pair for the time beeing
signs of strength:
strong rallie
broken resistance
broken indecision
signs of weakness:
rejection of mean
broken demandline
gained some nice strenght , broke out to the upside of an indecision level
but price did respect the "mean" of a Major downchannel and we are currently on its way to test
the middlepoint of that broken indecision level, any reaction or lack thereof (breakthru)
will tell us the future course of this pair for the time beeing
signs of strength:
strong rallie
broken resistance
broken indecision
signs of weakness:
rejection of mean
broken demandline