Weekly TF show a massive trendline from ATH,
Price attempted to break once, which failed, but also formed a new Lower Low (good support)
$235 was a very strong resistance, which we broke last week, and successfully retested on Friday. This would be a good SL if entered long.
Price attempted to break once, which failed, but also formed a new Lower Low (good support)
$235 was a very strong resistance, which we broke last week, and successfully retested on Friday. This would be a good SL if entered long.
Trade closed: target reached
Can't get cleaner than this
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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.