I'm by no means an expert (never traded before Luc's vids) but I've tried to zoom out and draw some bases. Looks like it did rebound
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I'm by no means an expert (never traded before Luc's vids) but I've tried to zoom out and draw some bases. Looks like it did rebound
You are right, there was a clear bounce to 170. This chart has bigger bounces and in the longer context the 170 was the only sure level for this bounce. I think the smaller ones could be significant if u want to trade fast in a smaller timeframe, but it isn't that probable to return to higher levels.