It is known that metal break a key resistance line or a major support line follows after the acceleration of the price, either up or down. As we can see on the chart in the green circle downtrend has been compromised by the price comes after an acceleration towards the top
Price tries to break the downtrend since yesterday, and does not consider that price unless the trend broke four-hour candle closed above the downtrend, then it becomes a resistance line at the same time the 50-line% of Fibonacci repercussions of any line 3.39 The main objective of price
Unlike any if not breakthrough price downtrend support line becomes 3.27 on the price insurmountable barrier before we see down end
RSI reached to around the 70 level any indication that price amounts to buy it, but this does not mean that we see beyond the RSI line 70 if the price break the downtrend
Support line: 3.27
Resistance line: 3.39, 3.48 and 61.8% of the Fibonacci repercussions
Price tries to break the downtrend since yesterday, and does not consider that price unless the trend broke four-hour candle closed above the downtrend, then it becomes a resistance line at the same time the 50-line% of Fibonacci repercussions of any line 3.39 The main objective of price
Unlike any if not breakthrough price downtrend support line becomes 3.27 on the price insurmountable barrier before we see down end
RSI reached to around the 70 level any indication that price amounts to buy it, but this does not mean that we see beyond the RSI line 70 if the price break the downtrend
Support line: 3.27
Resistance line: 3.39, 3.48 and 61.8% of the Fibonacci repercussions
