Trade had broke the resistance which then became the new support and then retested it. It since then started rising
I believe the trade will go up towards the trendline area, which I personally set take profit. The next decision happens from around that area whether it will break or respect.
If it breaks the trendline and closes above then I believe that it could possibly go higher to the next key area whereas if it respects the trendline it could just be a lower high and will drop after that point
I believe the trade will go up towards the trendline area, which I personally set take profit. The next decision happens from around that area whether it will break or respect.
If it breaks the trendline and closes above then I believe that it could possibly go higher to the next key area whereas if it respects the trendline it could just be a lower high and will drop after that point