This chart is here to show the importance of the yellow descending line already noticed in previous posts. This yellow bear channel is important because of its existence since many months now. Furthermore, if the awaited rise comes in the next hours, the trendline will roughly be at the same level than another horizontal resistance: 332.00. It is globally the last chance for the bears to reverse the path.
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The TTH team is pleased to announce the grand opening of its Slack team. You will share trading ideas with our community, improve your trading skills, benefit from live intraday technical analysis and strategies. Video sessions with TA teaching and concrete cases are on the agenda too.
Welcome bonus with a free trial
Link to the : Slack team
If you want a preview of our analyses,
follow us on Twitter
follow us on : Facebook
follow us on : LinkedIn