As you see price failed to break Resistance level at arround 156.388. And price also exactly at QML level which is price previously make Left Support, Lower Low & Right Support. This zone also we have strong SNR and Breakout Sell that still fresh. I expect price will start dropping from this zone to previous Lower Low at arround 153.039.
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.