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Price is testing horizontal resistance. In case there is a breakout we can initiate long position. If price takes the retracement we can initiate a long position on a confirmed retracement of the Support level.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Price is testing horizontal resistance. In case there is a breakout we can initiate long position. If price takes the retracement we can initiate a long position on a confirmed retracement of the Support level.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.