I expected price to take out July lows that's why I didn't post this setup. Now price is acting like it won't get to reach our expected ;ow, they did this through the double bottom we can see clearly. I placed a resistance line i which I expect the price to break and use as a support to the 0.71500 resistance point.
Please do share, and give a follow to support.
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Price haven't passed our resistance zone for long now. Price has a probability of reaching the July 2020 low, and then go for the bullish movement we are expecting
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Price is approaching our resistance zone, let's see if it breaks it this time, so we know when we will expect our retest.
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Another rejection at resistance level, lol. Expecting the break to happen today
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A strong resistance zone indeed
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Price is heading for June lows and will soon take out the lows of 2023, let's wait till that happens
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Price took out the June lows as projected, and formed a hammer yesterday close, and if today close, it's going to be a morning star candlestick, which shows bullish signs, let's keep watch.
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A false bearish move was given, and now wait for more push to an area of retest for more buys.
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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.