2 possibilities,
1) High chances it go Long (Buy) once it touch 1st support line
2) If it break through 1st support, probably it will continue rally for short
What to do? (2 Options)
1) Take Low pips Short (Sell) before it hits 1st support line
2) Wait for retracement once it touches 1st support line & go Long (buy)
1) High chances it go Long (Buy) once it touch 1st support line
2) If it break through 1st support, probably it will continue rally for short
What to do? (2 Options)
1) Take Low pips Short (Sell) before it hits 1st support line
2) Wait for retracement once it touches 1st support line & go Long (buy)
Note
3) Careful on the Support it may went lower.
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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.
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.