Hi all,
this will be the third un confirmed bullish reversal pattern in a row of 6 bars. It imho has formed an inverted H&S pattern on the daily chart. I feel if TEN can re-test 0.30c it will be a good start.
A break of 0.30c will be imho the start of uptrend to fill the gap at 0.50c.
I am a ST trader, so will sell into the 0.30c resistance but also buy again if TEN happens to break and hold 0.30c.
I felt today was accumulation, as the market gave them the chance.
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