Multi Year resistance coming into play
We were In last week's trade looking for price to finally breakout higher in this market.
Whilst price did make the breakout through the resistance level , there was not the explosion that some may have expected.
After the breakout price made a quick rotation back lower where the breakout resistance held as a new support level .(see the 1 hour chart)
If this level now holds we could see price make a move higher into a resistance not tested since 2012 before a potential move much higher
Whilst price did make the breakout through the resistance level , there was not the explosion that some may have expected.
After the breakout price made a quick rotation back lower where the breakout resistance held as a new support level .(see the 1 hour chart)
If this level now holds we could see price make a move higher into a resistance not tested since 2012 before a potential move much higher
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。