Looking at a retest

٢٧ أغسطس ٢٠٢١

I see a weak momentum, it is likely going to retest to pick momentum from the trend or the valley.

٢٧ أغسطس ٢٠٢١

ملاحظة

On this timeframe and higher timeframe, this level has never been an accumulation zone, so It's either it finds momentum on a smaller time frame or it goes down to get it.

٢٨ أغسطس ٢٠٢١

ملاحظة

As predicted, there was a retest and it respected the trend. I am personally expecting a long bounce in the upward direction now.