These are historical trend lines and support resistance levels. Historically a second rejection from the trend lind lead to a major drop 50:70% Failing to breakout here might indicate a repeat of history.
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.
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.