On the senior timeframe we see a stop after a strong distribution. This may last until the price breaks the resistance of 1929. At this point, consolidation and a retest of resistance is forming
TA on the high timeframe:
1) The bullish trend is strong
2) The area of 1929-1932 stops us from further growth.
TA on the low timeframe:
1) Price is consolidating. Growth is formed from the support 1913
2) Retest of resistance can be accompanied by both rebound and breakout.
3) The signal for a rebound will be a false breakout, and the signal for further growth will be a breakout and consolidation above 1929.
Key resistance 📈 1929
Key support 📉 1914
TA on the high timeframe:
1) The bullish trend is strong
2) The area of 1929-1932 stops us from further growth.
TA on the low timeframe:
1) Price is consolidating. Growth is formed from the support 1913
2) Retest of resistance can be accompanied by both rebound and breakout.
3) The signal for a rebound will be a false breakout, and the signal for further growth will be a breakout and consolidation above 1929.
Key resistance 📈 1929
Key support 📉 1914
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❤️ Telegram channel: t.me/AndeWave
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.