Price just finally broke out of the downtrend line and is retesting the broken daily zone.
Resistance turns support, holds and we're off. A break back within the TL will suggest more price depreciation so we have an opportunity for a tight stop.
Previous analysis linked.
Resistance turns support, holds and we're off. A break back within the TL will suggest more price depreciation so we have an opportunity for a tight stop.
Previous analysis linked.
Comment:
1D
Trade closed: target reached:
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).