Based on my observations, the current resistance used to be a strong support on the daily timeframe. A solid breakout indicates that the price is now moving towards a new level. I'm targeting this 2332 resistance as the golden zone for us to swing short towards the support at 2299.
Show your support with likes and comments.
Best regards, Zack
Show your support with likes and comments.
Best regards, Zack
Note
Our trade is still in play, as the price edges closer to our 2332 target. We haven't hit our take profit yet, but the market's behavior remains promising. Keep an eye out for any critical developments that might influence our strategy. I'll continue to provide updates as the situation evolves.
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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.