Important Support and Resistance Area: 2572.5-2783.5

93

Hello, traders.

Please "Follow" to get the latest information quickly.
Have a nice day today.

-------------------------------------

(MET1! 1D chart)
snapshot
The current price range of 2572.5-2783.5 is an important support and resistance area.

If it falls in this section, it is likely to fall to the support section of 1693.5-1933.0.

If it rises,
1st: 3293.0-3448.0
2nd: 3902.0-4141.5
You need to respond depending on whether there is support near the 1st and 2nd above.

-
I think that in order to rise above 2783.5, OBV needs to rise above the High Line and remain there.

Therefore, you need to have a relaxed mind and check whether there is support.

-
Thank you for reading to the end.
I hope you have a successful trade.

--------------------------------------------------

- ​​This is an explanation of the big picture.

(3-year bull market, 1-year bear market pattern)
3-year bull market, 1-year bear market pattern


I will explain more details when the bear market starts.

------------------------------------------------------

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.