In October last year, the price bounced off the support zone at 98.68 and started to rise in an uptrend. This trend is also supported by the October line. Resistance is the line of November 2020. At the end of March, the price bounced off the resistance of 78.79. It fell to support 75.75 and has already started a new growth. Now the price is at the resistance 77.81 (the line formed in the middle of the trend) and we can expect a fall to the support at 76.44.
SL - 78.42.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 78.42.
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.