We can safely assume that over two months the position of large investors has been accumulated.
The chart indicated important levels, the main resistance will be the opening of the gap down
At the moment, it is logical to buy from the support level - the top edge of accumulation. I do not recommend rushing and jumping into the outgoing train, since the stop loss will be too large, if any.
At the moment, "crazy rally" is taking place in the markets. I do not recommend working without stops. Everyone knows how quickly all these "flights" end.
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The chart indicated important levels, the main resistance will be the opening of the gap down
At the moment, it is logical to buy from the support level - the top edge of accumulation. I do not recommend rushing and jumping into the outgoing train, since the stop loss will be too large, if any.
At the moment, "crazy rally" is taking place in the markets. I do not recommend working without stops. Everyone knows how quickly all these "flights" end.
*****If this information was useful to you, please support like and subscribe, thanks for earlier*****
Trade active
Trade active
There is a reaction of buyers to the level of support
Trade active
support 32.80Trade active
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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.