Updated
The Ascending Triangle of the Naira #NGN...
Two things could happen!
Nov. 2022 shows the current price as an area of major resistance. Price action can continue to reject prices around 825 and retrace to Naira #NGN support areas: 723, 615
OR...
Price action can break above the Nov. 2022 resistance around 825 to retest the all time High of between 980 - 1000
Nov. 2022 shows the current price as an area of major resistance. Price action can continue to reject prices around 825 and retrace to Naira #NGN support areas: 723, 615
OR...
Price action can break above the Nov. 2022 resistance around 825 to retest the all time High of between 980 - 1000
Note
NGN broke the major resistance and is currently at 866.Up Resistances before all time high: 903, 935, 980
Note
980 breached...retracement? Continuation?
Trade closed: target reached
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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.
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.