Great observation. It's great when you point out an important, long term resistance level. It's just one factor, of course, in making a trade decision, but a useful one for sure. Thanks for publishing it.
Exactly, long term support or resistance levels tend to be much more reliable compared to level found at shorter timeframes. That doesn't mean of course they cannot be broken, but people tend to oversee them and miss the big picture! Thank you for commenting.