💬 Structure: extended range trading → breakdown into a descending channel → recovery rally approaching overhead supply.
Price has climbed back toward a confluence of descending trend resistance and prior structure, where sellers previously regained control.
📌 Key levels
Resistance: 0.7055–0.7065
Support: 0.6990–0.7000
Failure to overcome the resistance band could invite renewed selling pressure toward lower channel support.
A decisive move above this area would weaken the bearish structure and suggest a deeper recovery.
Price has climbed back toward a confluence of descending trend resistance and prior structure, where sellers previously regained control.
📌 Key levels
Resistance: 0.7055–0.7065
Support: 0.6990–0.7000
Failure to overcome the resistance band could invite renewed selling pressure toward lower channel support.
A decisive move above this area would weaken the bearish structure and suggest a deeper recovery.
Traders, if you like this idea, please leave your thoughts in the comments. I look forward to reading your ideas!
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免責事項
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🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。