We see that price finds support at the Centerline.
If it holds, then a new rise is on the way...says the Fork ;-)
P!
If it holds, then a new rise is on the way...says the Fork ;-)
P!
Note
...and there it started.Target would be the U-MLH.
Note
If price can't close above the natural resistance, then don't be a pig and take your profit §8-)...otherwise, I expect a bounce back below the resistance and then a further movement up. Remember - Markets breathe in and out...in any timeframe.
Rule Nr.1: Preserve Capital
Rule Nr.2: Don't be a Pig
Rule Nr.3: Learn to trade with Forks ;-)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.