Hello friends! With the start of a new and profitable week!
As we can see, from February 20, the price began a sharp downward movement. This is a very strong fall that was able to break through everything in its path. As we can see, the support line and the resistance zone play the main role in today's idea. Notice how the price has broken through the resistance zone earlier. This is a good sign for future price movement.
Today I expect the price to bounce off the support line and start its upward movement. I think this is a good opportunity for profitable price movement. I expect the price to reach the resistance zone.📈
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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.