The price is respecting upsloping support. However it is approaching horizontal resistance.
Our strategy is to enter short position once the price breaks the upsloping support and back tests it and confirms it as a resistance.
The target: 458.20$
In validation of this thesis would be if the price comes back above the upsloping support
Our strategy is to enter short position once the price breaks the upsloping support and back tests it and confirms it as a resistance.
The target: 458.20$
In validation of this thesis would be if the price comes back above the upsloping support
💥 Free signals and ideas ➡ t.me/vfinvestment
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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.
💥 Free signals and ideas ➡ t.me/vfinvestment
Related publications
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.