Hello friends! Today's working day is coming to an end. May this weekend be productive and good. Take time to rest and reboot. This is useful for the trader and future profitable trades.
As we can see, in today's idea, the main role is played by the resistance line, the resistance zone and the support zone. Notice how the price bounced off the resistance zone on February 20 and began its downward movement. This is a good sign for today's idea. I also draw your attention to how the price repels from the resistance line. The price is just near this line.
Today I expect the price to start moving down. The resistance line in this will add to the price. I think that the price will be able to drop to the support zone. This will be a profitable fall in the price down.📉
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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.