What is your criteria for the placement of the bottom horizontal level? Is it purely those two candles @ Dec 8th, 9th? Or is their past price action I am not seeing that is influencing that selection
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It would be the lower part of the supply zone that led to new lows. Since price completely smashed through it to the upside, one expects it to hold as support. An S/R flip in essence, you could have gone for the close of the up candle before it too.
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Plain and simple. to the point.
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You’re seriously not going to draw the trend line here? I don’t have OCD, but I have a strong urge to slap it on there
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