TPX may test global highs
On the chart, 1 week TF:
0.14927 - the global resistance level, a global correction or a local downtrend started from it!
0.04637 - acts as a support and trend break level. local trends from it repeatedly changed the downtrend to a local uptrend. has confirmation.
0.08846 - mirror level! after its formation and confirmation in the form of resistance, the price of the asset updated local lows and confirmed the presence of the level of 0.4637.
0.06550 - local resistance level formed for 1 week TF. Has confirmation in the form of touches!
Pay attention - after a false breakout of the level of 6550, the price of the asset did not turn around, but now it breaks through it again. Just as important is the descending line of clubs that was broken 4 attempts!
It is important to understand that the price of an asset may continue to find a flat and continue to move sideways, however, this does not exclude the possibility of trying to trade with a stop and positionally.
0.14927 - the global resistance level, a global correction or a local downtrend started from it!
0.04637 - acts as a support and trend break level. local trends from it repeatedly changed the downtrend to a local uptrend. has confirmation.
0.08846 - mirror level! after its formation and confirmation in the form of resistance, the price of the asset updated local lows and confirmed the presence of the level of 0.4637.
0.06550 - local resistance level formed for 1 week TF. Has confirmation in the form of touches!
Pay attention - after a false breakout of the level of 6550, the price of the asset did not turn around, but now it breaks through it again. Just as important is the descending line of clubs that was broken 4 attempts!
It is important to understand that the price of an asset may continue to find a flat and continue to move sideways, however, this does not exclude the possibility of trying to trade with a stop and positionally.
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