The red lines are signs of entry. Top red line is long... Bottom red line is a short...
If long... the old resistance line will become support...
If short... the old support line will become resistance...
If long... the old resistance line will become support...
If short... the old support line will become resistance...
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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.
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.