Diagonal resistance. Price just touched the level again, on which indicates a good downside momentum, with a gap opening and candle being rejected, not only diagonal resistance being touched but also a horizontal resistance.
Stop loss should now be above the gap opening candle, and take profit should be at the next support level .
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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.