Every major trend move also creates a resistance zone , and it cannot continue in the direction of the trend without breaking this resistance zone . I have drawn this resistance channel (blue channel) for you and I am sure you will not find this drawing anywhere else.. I have also indicated the resistance (purple) and support (red) Fibonacci levels in the analysis.
I will add date to my ideas because I will publish everyday
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DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
I will add date to my ideas because I will publish everyday
Please support us with LIKE / COMMENT / CHEER
DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Commentaire:
If it break my last support level(0.886) fibonacci level which is 2664Usd then I close my short trade
