As you can see, a falling wedge is formed, which is not a good thing The price can reach the support line after the wedge breaks
NOTE:Manage your leverage in futures trading . chart is speaking it self!! Resistance level : 492 Support level : around 430
Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad. Thank you for seeing idea . Have a nice day and Good luck.
Love the chart! I just don't understand where the 492 resistance comes from in this chart?
I looked at it from a horizontal point of view as well and found a similar resistance coming from September second, is that the one you are referring to as well?