We had a false breakout to the upside where the second candle had returned the price back inside the price range.
When the price reached the resistance line the price broke to the upside and closed the day above price range.
The price could reach $1.02000 level to find better support for future move up.
We now have a price between upper level of a price range and resistance level at $1.02975 which needs to define where the price will move.
When the price reached the resistance line the price broke to the upside and closed the day above price range.
The price could reach $1.02000 level to find better support for future move up.
We now have a price between upper level of a price range and resistance level at $1.02975 which needs to define where the price will move.
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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.