The price is respecting the upsloping support however it remains below the resistance.
If the price breaks the support you can enter short position however if the price breaks above the resistance, it might be the long opportunity.
Targets are shown on the chart.
Enter the trade only if/when break out occurs.
If the price breaks the support you can enter short position however if the price breaks above the resistance, it might be the long opportunity.
Targets are shown on the chart.
Enter the trade only if/when break out occurs.
Trade closed: target reached:
target for shorts reached
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