Hello everyone, let's keep it simple.
The price has broken out of the descending trendline resistance and static resistance. The price is currently retesting this static resistance. If this level holds, I expect the price to continue to move upward. Stops and targets are as shown on the chart above.
#NFA
What do you think about this idea?
Please like and drop your comments below.
The price has broken out of the descending trendline resistance and static resistance. The price is currently retesting this static resistance. If this level holds, I expect the price to continue to move upward. Stops and targets are as shown on the chart above.
#NFA
What do you think about this idea?
Please like and drop your comments below.
Trade closed: stop reached
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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.