As we can see, the price made a false breakout of the resistance line. The price is returned back. As for me, the price will continue its downward movement, break through the line and be able to reach the support line. This will be a profitable increase in the price.
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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.