And here the price followed my direction. I congratulate us on a profitable week! I wish there were even more profitable deals in the new year! Thanks to everyone who is with me!
As we can see, for some time the price could not break through the line that used to be a resistance line, but now a support line. But as soon as the price succeeded, we saw that the price was able to push off well from this line. At the moment, the price is in a new channel. You can see how the price listens well to the direction of this channel. Note that the channel is growing.
The price bounced off the upper channel line and began its downward movement. I expect the price to continue falling and be able to reach the lower channel line.๐
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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.