After breaking the support range of the bottom of the ascending channel, the price fell to the range of $1316 and faced strong support in this range and formed a triangle pattern with the downward trend line that it created.
The data is a kind of two-way pattern. If the price breaks the resistance range of its downward trend line, we will see the price rise to the range of $1399, and if it can cross the support range of $1316, we will see the trend continue and fall to the range of $1287
Resistance range: 1348-1373-1399
Support range: 1316-1303-1287
GOODLOCK
SANAM
The data is a kind of two-way pattern. If the price breaks the resistance range of its downward trend line, we will see the price rise to the range of $1399, and if it can cross the support range of $1316, we will see the trend continue and fall to the range of $1287
Resistance range: 1348-1373-1399
Support range: 1316-1303-1287
GOODLOCK
SANAM
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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.