As we can see, in today's idea, the main role is played by the support line, which originates in July 2017, and the resistance line, which begins in August 2017. Note that the price was constantly bouncing off the resistance line. This is an important fact today because the price is now near this line.
The price bounced off the resistance line and began to grow. The price was able to break through the resistance level and is now heading towards the support level. For me, this is a good fall that can bring enough profit.๐
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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.