Price broke above the long term orange trendline and the purple triangle channel.
Price is currently at the previous resistance red line and lingering there.
I favor going long than short but it is still a bit early to tell.
If price cannot break down the yellow zone, I will go long.
Hope this chart helps you all in your trading.
Price is currently at the previous resistance red line and lingering there.
I favor going long than short but it is still a bit early to tell.
If price cannot break down the yellow zone, I will go long.
Hope this chart helps you all in your trading.
Comment:
I hope your long positions are working for you nicely guys :D
