Hard to break 910 days downtrend (red line).
Weekly candle above the red line = downtrend reversal
First support: EMA 200
Second support: orange line
Strong resistance: red line
Weekly candle above the red line = downtrend reversal
First support: EMA 200
Second support: orange line
Strong resistance: red line
Note
Touched one more time the strong support (orange line). The uptrend (79 days) is holding well.Trade closed: target reached
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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.