IN the chart we can observe the false breakout of #RIO. Think it will retest the support zone and move down to 71.54.
The price has met the resistance and wasn't able to break it. Now we can observe the movement towards the support, which is 158-159.
We can see that the downtrend line has just seen broken, so it's high time to open the long position. I am going to set the TP at 18.7, which is right below the resistance line.
I thin k that now Nio might see some correction, but then it will be a good idea for entering long position
