Confluence 1:
On the 4H Chart, TMF has been respecting the upper channel. Back on 8/1, TMF broke out of the resistance trendline and then re-tested it on 8/8. That trendline is now acting as support which we recently bounced off of.
Confluence 2:
On 9/24, TMF touched into the fair value gap highlighted in gray. From there, we showed some signs of bullishness....