- Price broke the Ascending Channel and started the down move. - Price went towards the first Support Zone (now Resistance Zone ). - Now, it has potential to move down towards the Support Zone . - We are waiting for a sell setup on a lower timeframe to take short trades.
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.