Higher lows into Resistance is a sign of strength

[Nevhulaudzi rudzani]

Here’s the thing:

You don’t go short just because the price is at Resistance.

Why?

Because how the price approaches Resistance matters a lot.

For example, if you see higher lows coming into Resistance, it’s a sign of strength.

It tells you the buyers are willing to buy at higher prices and the sellers are unable to push price lower (than it did previously).

 

[bradiae]

Unless it’s a converging market thus making divergence insignificant untill hidden divergence shows