on the weekly chart : the price returns under the resistance level and retesting it but currently rejecting it a getting pushd down on the daily chart : today's candle is being rejected by the level and being pushd down by the sellers personal opinion : the candle got a 80% chance of rejecting the level closing red . the price will keep going down until reching the bottom support level . best move : wait until the weekend end to get a confirmation from today's and tomorrow candles then you can open a position as sellers
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.