The OTHERS index is at valid support in the daily time frame and the downward trend is still stable. In the 4-hour period, a descending channel has formed and shows the first scenario of the fall. If the resistance is broken, we will see growth up to the top of the channel.
#OTHERS
#OTHERS
Note
Well, as we expected, the marked 4H resistance was not broken and OTHERS moved lower. We expect further declines to 10% lower.Trade closed: target reached
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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.