From the resistance area of the four-hour period, we saw the price return, which made it break its previous low in the one-hour period, create a new low, and again record a lower level than before.
-Now the price reversal has been confirmed by the resistance zone and we are witnessing a change in the trend.
-For selling positions, we should wait for the price to reach the resistance areas specified on the chart, which is drawn in the 15-m time frame of this new area.
-We expect to enter into sales transactions upon reaching the district and obtaining appropriate approvals.
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.