Posteo
EGC999
$FIL dropped from 1.04 to 0.75, barely recovered to 0.80, and the J value immediately surged to 77.9.
Don't just look at this rebound bullish candle; glance up at the 4-hour chart, where EMA21 and EMA55 are twisted into a steel cable around 0.83, tightly pressing down overhead. Above are all trapped positions from the drop below 1.0, just waiting for a rebound to break free. This oversold rebound lacks volume support and is solely propped up by indicators.
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