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Will Resistance Break?
This is a market we have discussed quite a bit in recent times.
As the daily chart shows, price is now making a fresh test to break higher and out of the resistance level.
Whilst price recently formed a large bearish false break signal at this level, we did not see a large sell off.
Price has steadily built momentum and is looking to break out higher.
If we can now get a fresh breakout higher it could activate long trades.
As the daily chart shows, price is now making a fresh test to break higher and out of the resistance level.
Whilst price recently formed a large bearish false break signal at this level, we did not see a large sell off.
Price has steadily built momentum and is looking to break out higher.
If we can now get a fresh breakout higher it could activate long trades.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.