If the candlesticks follow the resistance line and continue to decline, prices are expected to reach the lower zoon. But if the resistance line is broken, it is likely that the price will temporarily reach the upper zoon and return to yellow line immediately.
Related publications
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.
Related publications
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.