Since October, the price has been growing in an uptrend, which is formed by support and resistance lines. It can be seen that in the future these lines will intersect, which means that at some point the price will break through and leave the trend. But while the price is at the upper border of the trend 78.70. Along this border, it has been growing for almost a month and now we can expect the price to fall to the lower border of 77.50.
SL - 79.22.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 79.22.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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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.