Hello friends! Today is the last day of this work week. I wish you a productive weekend and profitable trades!
As we can see from the previous idea, it is gradually heading upward. This movement will continue in our today's idea.
In today's idea, the resistance line and the support line still play an important role. As we can see, the price was able to bounce off the resistance line and reach the support line. Basically, the support line constantly pushes the price off, which is a good sign for our idea today. But also note that there was a false breakout, but this was done so that the price again rushed to force for strong moves.
Today I expect the price to bounce off the support line and start its upward trend. I think the price will hit the resistance line. This will be a quick and profitable price increase.📈
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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.