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

https://sahmeto.com/message/3344676
PontusTrader
PontusTrader
Rank: 5452
1.7
،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.

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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$0.073828
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