price is currently flirting with strong key area (blue box). monitor price action on lower time frames.
1. support will hold and price bounces to retest resistance (trend line)
2. if driving force is enough, price will easily break that area of value.
1. support will hold and price bounces to retest resistance (trend line)
2. if driving force is enough, price will easily break that area of value.
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.
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.