LBC - Horizontal Support
Horizontal Support is evident as price rejections from this level is almost certain
I have placed a bars pattern which shows a further downside below this line but ultimately results in an inverted H&S pattern and a recovery above the line
Long term analysis
Daily timeframe
I have placed a bars pattern which shows a further downside below this line but ultimately results in an inverted H&S pattern and a recovery above the line
Long term analysis
Daily timeframe
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.