As we can see, it made a false breakout of the resistance line, which originates in January 2020. Price return begins. I specially highlighted the ideas in circles as the price was set off earlier from the line of resistance. This is a good sign. Therefore, today I expect the price to return to the resistance line and start a little. After that, there will be a return back to the line after which the price will fall again. I expect the price to reach the support line at 318.63.๐
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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.