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the price tests strong resistance and also the resistance of the descending channel. only if we see a confirmed breakout of the strong resistance we can take a long position, because price can be rejected of this level
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Make your own analysis before to trade this idea!
the price tests strong resistance and also the resistance of the descending channel. only if we see a confirmed breakout of the strong resistance we can take a long position, because price can be rejected of this level
Please follow the Trading View profile to support my work
Make your own analysis before to trade this idea!
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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.