We just tested probably the most important point. There are a lot of extremely cross resistance. Be very careful.
We tested the top line rising wedge.
Then here we have WMA 21 at 7800, which was the main support for the uptrend

We tested the resistance zone in the red oval.

MA 77 Daily

We tested the long-term trend line on a linear chart

This is how i see the bottom

We tested the top line rising wedge.
Then here we have WMA 21 at 7800, which was the main support for the uptrend
We tested the resistance zone in the red oval.
MA 77 Daily
We tested the long-term trend line on a linear chart
This is how i see the bottom

Note
Ok, the price broke above the upper line of the rising wedge. Be very careful. We have broken WMA 21, DMA 100, DMA 200 and above us is WMA 55 and WMA 50 and the most important is the logarithmic growing long-term trend line. It will be important where today's candle closes and just overcoming this trend line will mean a change of trend for me. 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.
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.