Mov Ave Crossover acts as Pivot Point, Zone of RES ...
Note
As posted a week back in Dec3, RES 1.37000 CAPPED the Upside attempt,
... since then price had PULL BACK to 1.35999 !
From abv, can see that CONGESTION POINTS
(where Mov Ave Cross-Over & Channel meet) maybe
a GUIDE to detect RES Points for Swing Trades.
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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.