Chart is pretty self-explanatory. The likely scenario is a move down to the support line. A strong breakout above the resistance would invalidate this idea. Watch out for the bull trap.
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.
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.