Down into the , you will see a that crosses the resistance of the weekly trendline. We can also find daily support and demand zones.
Finally, in the 1H TF we find multiple confirmations:
- The symmetrical triangle resistance now functions as a support.
- The contact that makes the price with the makes a dragonfly that indicates a strong change in trend.
- As goes up, the price breaks through and then bounces off the 1H .
- Later, the support is tested again with another dragonfly doji that confirms the rejection of the .