Hello Chart Friends,
On the 1 hour chart the price is ranging in a descending channel. Currently we are testing resistance. If we can break resistance than next resistance will be around 94 area. Wait till the price close above the resistance line and turned into support.
I'm new to TA and would like to hear opinions from experienced traders.
This is not a financial advice at all :)
On the 1 hour chart the price is ranging in a descending channel. Currently we are testing resistance. If we can break resistance than next resistance will be around 94 area. Wait till the price close above the resistance line and turned into support.
I'm new to TA and would like to hear opinions from experienced traders.
This is not a financial advice at all :)