In a downtrend, would recommend you placing these resistance lines yourself if chart bounces of top and starts heading down sell and place TP around bottom blue line if your looking for short term profit
If price rejects of bottom and goes up do the same as before.
If price rejects of bottom and goes up do the same as before.
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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.