A two way position.
If price opens above resistance line ,We can expect major buying pressure....BUT ,If price breaks below (Which is likely to happen)We can expect further selling pressure.
If price opens above resistance line ,We can expect major buying pressure....BUT ,If price breaks below (Which is likely to happen)We can expect further selling pressure.
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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.