Pirce is currently testing a strong resistance level in the form of:
Because of that, we can expect lower prices in the upcoming days/weeks. As a target, we would use Value Area Low from the previous uptrend.
- Edge of High Volume Node measured from 11th of December 2018 till 5th of May 2019
- POC from the recent downtrend (5th May - 9th June)
- Anchored VWAP
- Horizontal S/R
Because of that, we can expect lower prices in the upcoming days/weeks. As a target, we would use Value Area Low from the previous uptrend.
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