Two equal lows are always considered as important reversal clue in price action trading.
With a two consequent bullish candles, we saw a strong bullish pressure the last two days.
The last resort for sellers is a resistance line of a falling parallel channel on a daily.
To catch a bullish swing, wait for its breakout.
It will be a perfect confirmation.
Next resistances:
1755
1800
In case if a trend line is respected and the price sets a new ll, bearish continuation will be expected.
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✅Join My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.