1) False breakout of resistance collected orders of the buyers who traded the breakout and stoplosses of those who sold 2) False breakout of support in the same way, but from below 3) The price has already broken through the resistance and is consolidating. 4) There is a strong liquidity zone below the 1879 zone, which can prevent the price from going down 5) The potential remains bullish. Looking for entry points to buy
Consolidation above the level is a good entry point
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.