The price has been on the side for the past five days, in the last phase of movement, the price is in an ascending channel, and the exit from the channel at the same time as the static resistance of 219 is broken can be a signal to enter a long position, a pullback to the resistance of 219 is a low-risk entry condition
Note
The channel broke from the bottom and continued to descend
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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.