WE ARE FREE
The dashed line is that line of resistance we been stuck under since ATH
Last week, we broke away from the Fib circle that has also held us down recently and we Shot up to theline of resistance and we broke over it.
~The 4 hour shows us more detail
https://www.tradingview.com/x/IIr8ClN1/
You can see how we have broken over previously and Lost the line as support.
This time, we seem to be holding and the 1 hour chart shows this in more detail
https://www.tradingview.com/x/FqxsBQmX/
However, we should take note of the MACD, that on lower time frames is now falling bearish on 1 hour and about to on the 4 hour.
We are Almost vertainly going to come back down and test that dashed line as support again.
I expect a possible range of PA 79K -80K lowest and then hopefully a stronger bouce to take us over that line os resistance we are surrently under.
Time will tell.....BUT I FEEL GOOD ;-)
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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.
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.