Weekly close under this zone means that there will be blood. But still I think that buying close to the zone has a good R/R.
Upper diagonal line just a possible take profit line(roughly) if it doesn't break the support.
The line is not for a descending triangle like I said.
Upper diagonal line just a possible take profit line(roughly) if it doesn't break the support.
The line is not for a descending triangle like I said.
Note
Blood it is.
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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.