Price is trying to break strong resistance and as it clear price is moving in a long term Chanel.
So we have two scenarios
1-take position after breakout
2-take long position after price toch the lower support
Rsi in neutral area.
So we have two scenarios
1-take position after breakout
2-take long position after price toch the lower support
Rsi in neutral area.
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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.