Resistance (Sell Zone): 0.839 - 0.84 (purple area).
Support (Target): 0.8 (red area).
Current Price: 0.83956 (testing resistance).
What Could Happen?
❌ If price fails to break above resistance → It may drop towards 0.8 (target).
✅ If price breaks and holds above 0.84 → Uptrend may continue.
Simple Trade Idea:
Sell near 0.839 - 0.84, target 0.8.
Stop Loss: Above 0.842 for risk management.
Support (Target): 0.8 (red area).
Current Price: 0.83956 (testing resistance).
What Could Happen?
❌ If price fails to break above resistance → It may drop towards 0.8 (target).
✅ If price breaks and holds above 0.84 → Uptrend may continue.
Simple Trade Idea:
Sell near 0.839 - 0.84, target 0.8.
Stop Loss: Above 0.842 for risk management.
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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.
Unlock Market Insights! 🚀
Join our Telegram for expert analysis, free trading signals & real-time updates. Stay ahead in the game.👇
t.me/OliviaGrace_0
Join our Telegram for expert analysis, free trading signals & real-time updates. Stay ahead in the game.👇
t.me/OliviaGrace_0
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.