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Technical analysis by PontusTrader about Symbol ROSE on 11/20/2023

https://sahmeto.com/message/3344676
PontusTrader
PontusTrader
Rank: 5371
1.6

ROSE (oasis) chart is targeting the bear FVGs on the weekly

:Neutral
Price at Publish Time:
$0.073828
،Technical،PontusTrader

Price is coiling for a retaking of the bear FVGs created on the way down in 2022. This is what I think is the very likliest price action to occur. We know ROSE respects FVGs because it reversed hard at the 50% of the FVG as denoted by (i). The more closer bear FVG, denoted by (a), (b), and (c), will act or hold as resistance for a 3rd time. You can even tell the bottoming / accumulation structure looks great. Higher low prior to the recent pop.

Source Message: TradingView
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