As we can see, TRB has made many climbs and broken many resistances.
By checking the chart, I realized that the serious TRB resistance is where I marked with the red box and there is a possibility of rejection there.
Until the price reaches this price box, sell/short positions are dangerous.
To reduce the risk, we can wait for confirmation after hitting the red box.
The green box is also an important and relatively strong support that can be used for the target.
I specified the invalidation level. Closing a 1-day candle above this level violates the analysis.
By checking the chart, I realized that the serious TRB resistance is where I marked with the red box and there is a possibility of rejection there.
Until the price reaches this price box, sell/short positions are dangerous.
To reduce the risk, we can wait for confirmation after hitting the red box.
The green box is also an important and relatively strong support that can be used for the target.
I specified the invalidation level. Closing a 1-day candle above this level violates the analysis.
Trade closed: target reached:
Nearly 50% fell from the announced area
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