As we expected in the previous analysis, according to the trend line and the downward pattern it had created, the price fell to the range of $1414 and faced strong support in this range. We will be more up to the range of $1254. But if the range of $1413 continues to support and climb up to the range of 0.5 Fibonacci, with the possibility of creating a cup pattern We will see the price rise further up to the resistance range of $1641.
Support range: 1413-1328-1256
Resistance range: 1502-1553-1641
GOODLUCK
SANAM
Support range: 1413-1328-1256
Resistance range: 1502-1553-1641
GOODLUCK
SANAM
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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.