@seagull Nailed it.
14/08/22
Outlook:
The weekly candle appears mildly bearish & 39 – 42 looks like resistance has not yet been broken.The higher vol & long wick on the candle appears to be rejecting the higher sp at this time & therefore we may see another retest around 37 on the next bar.
I don’t see any issues with that & overall the weekly chart looks very strong & just winding up for another stronger break when it comes.
The bigger the spring the bigger the break when it unwinds
2022 Charts, page-1781
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