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Fiji1

3,181 Posts.

42

03/05/22

06:25

Post #: 61159928
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Originally posted by Patterns: ↑

ECS 2.5 daily has a couple of major problems such as continuing in a deep downtrend and stop hunt. Today we saw a break below a swing low but not a close below. The sight of a break below meant that sellers were keen to sell at lower prices so support has been breached.
ATU 1.2 is still in a downtrend and although it might or might not be forming a double bottom it needs to break above the previous swing high to get the uptrend criteria of higher highs being formed. Therefore the best thing to do is to set an alert at around 2.65 cents and see what happens there.

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Thanks for your input Patterns appreciated
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