Hello, people!
This is ESS team.
Let's see the PEOPLE chart.
Chart which has been supported multiple times by the BLUE 5day's downtrend line, have recently broken through the GREEN short-term trend line and headed for the RED downtrend line.
If it breaks through the RED downtrend line and confirms retest, you can enter the long position more stably.
Even if it falls after being resisted the RED downtrend line, If it is once again supported the 5D downtrend line, It could re-take a chance for a long position.
If it breaks strongly down the BLUE downtrend line, Please note that there may be a strong bearish.
This is ESS team.
Let's see the PEOPLE chart.
Chart which has been supported multiple times by the BLUE 5day's downtrend line, have recently broken through the GREEN short-term trend line and headed for the RED downtrend line.
If it breaks through the RED downtrend line and confirms retest, you can enter the long position more stably.
Even if it falls after being resisted the RED downtrend line, If it is once again supported the 5D downtrend line, It could re-take a chance for a long position.
If it breaks strongly down the BLUE downtrend line, Please note that there may be a strong bearish.
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