Resistance was broken last week, so the daily candle closed above resistance, so we could see price go back to what will be new support today, and see price continue in an uptrend.
Also, on the daily chart we see bullish momentum, and what looks like a retracement towards further bullish momentum.
So we can expect to take a buy order once the price touches that support.
DYOR
Not a signal
Also, on the daily chart we see bullish momentum, and what looks like a retracement towards further bullish momentum.
So we can expect to take a buy order once the price touches that support.
DYOR
Not a signal
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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.