Hello! Friends,
I came with new research an idea but, before to start talking about technical Let's share your LOVE by giving me LIKES and COMMENTS. Thanks in advance.
Recent LL at 106.8 will still react as current support is the question?
Lower high at 109.4 is not confirmed. If the price falls below 106.8 and create a new low with sharp fall confirm the LH.
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"" DAILY CHART ""
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parallel channel with control price 1 and 2 plotted on the chart. Price is trading middle of the value area.
Conclusion about trading until, price dose not test/touch C1 or C2.
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"" WEEKLY CHART ""
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The current trend is downward.
I came with new research an idea but, before to start talking about technical Let's share your LOVE by giving me LIKES and COMMENTS. Thanks in advance.
Recent LL at 106.8 will still react as current support is the question?
Lower high at 109.4 is not confirmed. If the price falls below 106.8 and create a new low with sharp fall confirm the LH.
--------------------------------------------------------------------------
"" DAILY CHART ""
--------------------------------------------------------------------------
parallel channel with control price 1 and 2 plotted on the chart. Price is trading middle of the value area.
Conclusion about trading until, price dose not test/touch C1 or C2.
--------------------------------------------------------------------------
"" WEEKLY CHART ""
--------------------------------------------------------------------------
- Flag Pattern
- Volume change
- Major Resistance and Support
- Parallel Channel
The current trend is downward.
Trade closed manually
because manually close
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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.