MAY
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6.25% 3.0¢ melbana energy limited

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  1. W3hunter
    13,987 Posts.
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    19/01/23
    12:21
    Post #: 65771800
    @hubbo27 a "higher low" comes after price has bounced into a 62% resistance level..so for example here if price bounced to 097c then retraced and did a pivot above 085c, to confirm that higher low I then look for a couple of things, 1 a small trend line break above the higher low. combined with a 9 above 13 ema cross in that same time frame....we`ve seen a low so far but not a higher low
    MAY Price at posting: 9.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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