Price will go down and move in sideways range for sometimes until support or resistance break.
Note
As expected, price broke support and move to next support which is our TP.Note
Indicator identified the sideways pattern (yellow area) which is the signed of real breakout.
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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.
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.