On the chart we can see a descending channel pattern.
If the price retests the downsloping support , it would be the entry for a long position.
The target would be at the downsloping resistance.
Invalidation of this trade would be if the price closes below the downsloping support line.
If the price retests the downsloping support , it would be the entry for a long position.
The target would be at the downsloping resistance.
Invalidation of this trade would be if the price closes below the downsloping support line.
💥 Free signals and ideas ➡ t.me/vfinvestment
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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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.