Really zooming out to find these macro support areas. The first one is where the resistance flips to potentially become support, and it also lines up nicely with the 88% higher low level.
Below this, we can see the line of support, almost from a huge way out channel that has formed on time frames such as the weekly
ps. Benjamin Levy copies peoples trade content. Is a bot.
Below this, we can see the line of support, almost from a huge way out channel that has formed on time frames such as the weekly
ps. Benjamin Levy copies peoples trade content. Is a bot.
Note
We have made it down to that line of resistance, and have also formed bullish divergence on the 4hour. expect a bounce.
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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.