Resistance lines are psychological battlegrounds. Watching how volume and price react as they approach these historical ceilings dictates the difference between a trap and a genuine breakout.
Trade active
Strong momentum here, target - 1900.Note
Going strong. Today it closed at 1,797.5. Note
Retracement is in progress..Note
Price going up gradually, closed at 1802.Trade closed: target reached
Price closed at 2047. Target achieved here.
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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.
Disclaimer
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.