In this time frame, the price was able to break its upward trend line and exit its upward trend. It faced support in the range of $1195 and corrected itself up to the range of 0.5 Fibonacci. But it has been a long time since the $1221 range has created resistance. Also, the price is inside the Como green cloud and the cloud ceiling range has created resistance.
Also, in the smoothed range of $1221, we can see the continued fall to the range of $1187.
Support range: 1205-1195-1187
Resistance range: 1221-1228-1237
Also, in the smoothed range of $1221, we can see the continued fall to the range of $1187.
Support range: 1205-1195-1187
Resistance range: 1221-1228-1237