we have breakout in trend line and what we expect is this that market provide huge fall after retest of this breakout
so we can expect market reach our targets : a.1.2015 b.1.1960
Red path :retest will completed by Blue circle once again and falling scenario will continue and price will fall and targets soon will reach But...
Green path :But if trendline broke once again and retest get complete then we would see completely a bullish market and targets would be A.1.2170 B.1.2220
here and this strong resistance area is very important and we catch it many times before like :
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
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.