The bottom trendline is debatable depending on how you draw it using wicks or bodies, though the one ive currently filled in has the most touches.
Should price go back up to re-test that major level of resistance, the circle is where I'm looking for a trade either up on the break, or if it respects the downtrend, then continuing down..
Should price go back up to re-test that major level of resistance, the circle is where I'm looking for a trade either up on the break, or if it respects the downtrend, then continuing down..
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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.