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Price is testing the horizontal resisstance and if we have a rejection I would expect a correction to the mid line of the ascending channel and possibly lower support.
Nevertheless if we are able to fix above the horizontal then higher boundary of the channel will be retested and up we go if break it.
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
Price is testing the horizontal resisstance and if we have a rejection I would expect a correction to the mid line of the ascending channel and possibly lower support.
Nevertheless if we are able to fix above the horizontal then higher boundary of the channel will be retested and up we go if break it.
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
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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.