Cleary, a trendline and horizontal support

Cleary, a trendline and horizontal support

Clearly a trendline in 4 hour time frame which acted as a resistance before and later as strong support holding those prices from falling further down. Now, as that price is comming to touch the trend line with the hold of that previous horizontal support line combined with the support of that trend line , the price is more likely to go up. But, as the market has very low buyers today, I don’t believe that it is going to cross that higher high.
Buy the dip with the intersection of trendline and the horizontal support and I believe on Monday you will surely be profitable.

Published at Sun, 22 Nov 2020 06:59:54 +0000

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