It has risen beautifully from the bottom of its three-year ascending channel, but it has engaged with resistance at the ceiling of its medium-term descending channel. It is noteworthy that near this resistance range, there is also a static support range, which can be encouraging.
By observing the stop loss, the specified goal can be achieved.
By observing the stop loss, the specified goal can be achieved.
Comment:
The price has almost reached the bottom of the static support range, I expect that in the next two or three days, the necessary energy will be provided to attack the ceiling of the descending channel and exit from it. Of course, it should be kept in mind that the general market conditions are very important for this to happen.