Resting at not so well tested black trendline but also resting on previous very intensely tested horizontal red support (it was previous resistance and recently support).
If the 1h closed below - we go down to previous lows. If it bounces back - it should also break through the previous top.
Roll them dices!
If the 1h closed below - we go down to previous lows. If it bounces back - it should also break through the previous top.
Roll them dices!
Note
If this is a bear trap, now is the time to juump up:Related publications
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Related publications
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.