IF PRICE BREAKS RESISTANCE....
If price breaks resistance (RED LINE), wait for it to rise in alignment with trend line. If it does not, wait for it to fall with long term trend down.
Note
RESISTANCE SHOULD READ 1.26367Note
Yep! Didn't break and price fell. The long term trend was only until early September, but profit is profit. LOL.
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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.