Price has hit the weekly support and expect a bounce here and aim for the resistance zone above. A long is favorable here.
Trade closed: target reached
The price hit the target resistance zone heading up from weekly support zone as mentioned in the post. As expected price is facing resistance at the zone marked on the chart of this idea and price is getting pushed downward at least for now. This concludes this idea and the trade. We will reevaluate and look for new setups in a new post. If you like the content and find value in the posted analysis, please give a like and if you want to get notified about any new idea posted, please follow this account. I also share ideas on twitter, so if you want to tune to that, please check my twitter account: twitter.com/angela_altair
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