Hi Kuya Yeahbah,
Please correct me if I got it wrong, which would be anyway. I think UCAD's bearish trend is not yet over.
Attached below is a daily and a 4h chart. I've encircled resistance line 1, 2, and 3.
Line 1, is the major resistant, or so i think, that one has been violated. And becoming a support line for now.
Line 2, is the minor resistant? it tested the line but went back down.
Line 3, is i think going to be the new support line if there is a trend reversal, but it is being tested so far.
A hammer and a star seems to form simultaneously, and it got me confuse. What does it mean, trend reversal? Trend correction? Or simply irrelevant?
What do you think? Was my charting right?
Thanks for the patience!