Support and resistance levels are not that scary when you're trading against them. You just have to know what you're looking for. Here is a prime example of resistance being hammered by price which usually leads to a continuation in a bullish directions.
Weekly keltner channel chart, the weekly momentum chart and the daily EMA chart all support the idea of a long here.
Weekly keltner channel chart, the weekly momentum chart and the daily EMA chart all support the idea of a long here.
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Get more in-depth analysis on my website: joerodtrades.substack.com
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.