THIS IS WHAT I SEE AND MY INTERPRETATION
A RED HORIZONTAL LINE/AREA THAT ACT AS A SUPPORT, TO ME THIS IS THE AREA THAT THE BULLS ARE DEFENDING IF IS BROKEN MORE SELLING WILL BE DONE
GREEN DOWN TRENDING LEVEL OF RESISTANCE , THE FACT THAT IS CONVERGING TO A SUPPORT RED LINE IT INDICATING THE STRENGTH OF A BEARISH MOMENTUM IF IS BROKEN WE ARE LIKELY TO FIND HIGHER PRICES.
THE ONLY PERSON WHO KNOWS HOW THIS ARGUMENT WILL END ARE MARKET MAKERS, BUT YOU CAN ONLY PROTECT YOU CAPITAL BY TAKING CALCULATED RISKS
TRADE WELL, MAY GOD BLESS YOU AS YOU MAKE MORE WEALTH.......!!!!
A RED HORIZONTAL LINE/AREA THAT ACT AS A SUPPORT, TO ME THIS IS THE AREA THAT THE BULLS ARE DEFENDING IF IS BROKEN MORE SELLING WILL BE DONE
GREEN DOWN TRENDING LEVEL OF RESISTANCE , THE FACT THAT IS CONVERGING TO A SUPPORT RED LINE IT INDICATING THE STRENGTH OF A BEARISH MOMENTUM IF IS BROKEN WE ARE LIKELY TO FIND HIGHER PRICES.
THE ONLY PERSON WHO KNOWS HOW THIS ARGUMENT WILL END ARE MARKET MAKERS, BUT YOU CAN ONLY PROTECT YOU CAPITAL BY TAKING CALCULATED RISKS
TRADE WELL, MAY GOD BLESS YOU AS YOU MAKE MORE WEALTH.......!!!!
Trade closed: target reached
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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.