3 retests of the 100 bar MA below stalled falls. Sellers give up.
You cant blame the sellers from trying.
After a fall below the 200 bar MA on the 5 minute chart, buyers came in but found sellers below the 112.48 level. After that there were 3 tests of the 200 bar MA and each one stalled the fall. The sellers gave up and are taking the price back higher. Now the 100 bar MA can be tested with a break above being move bullish.
Seller tried. They just could not push below.
