Due to the downtrend and the approach of the price to the area of static and dynamic resistance, if the reversal candlestick patterns are created, we will probably see the price fall to T1, T2, T3 and T4.
Breaking the resistance area with a strong candlestick and high volume invalidates the analysis and can create a buy position.
Breaking the resistance area with a strong candlestick and high volume invalidates the analysis and can create a buy position.
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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.