MAY 4.35% 2.2¢ melbana energy limited

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  1. 13,994 Posts.
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    @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
 
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