Hi everybody
- This is not a real money investment signal or advice -
As we can see on Daily timeframe , The price chart breaks the strong resistance and on 4H timeframe we can see the week pullback to that resistance line, This leads us to estimate the future of the price that it might support by previous resistance line and give us a change of polarity and go...
This is my idea and maybe not correct.
This is not signal.
Blue line is daily trend line and green lines is daily support and resistance.
In 4H violet lines is trend line and resistance
Also in 4H timeframe RSI It is approaching the saturation zone.
Therefore if price chart break violet trend line the price will probably go up
Hi all
-This is not a real money investment signal-
I draw support and resistance lines in 1D chart according to price action, Then I analysis the chart in 4H and I saw that how the chart react to support and resistance lines, As you see in 4H, We had a strong resistance line that chart touches it so many times.
finally the chart breaks that line and give us a...