hello traders
as you can see there is a strong support level that price has tested it several times in the past and also we have a bullish trend line in lower time frame(marked in black) now price is in the intersection of them and we can expect rejection.
Closing a daily candle under this support will negate this analysis.
as you can see there is a strong support level that price has tested it several times in the past and also we have a bullish trend line in lower time frame(marked in black) now price is in the intersection of them and we can expect rejection.
Closing a daily candle under this support will negate this analysis.