Price remain inside rectangle, but be careful there is divergence!.
Right now price is slowly following down.
From the bottom TL3 securely protecting us from following down price and TL2 is protecting us from rising Price.
If in any situation price will break any of the trend line we can open position.
Level 5455.2 prevent price from rising (resistance level) and at the bottom is 5000.0 level – support.
Let see what will happen next…
Cheers,
Jim
jimmy@poniat.com
Right now price is slowly following down.
From the bottom TL3 securely protecting us from following down price and TL2 is protecting us from rising Price.
If in any situation price will break any of the trend line we can open position.
Level 5455.2 prevent price from rising (resistance level) and at the bottom is 5000.0 level – support.
Let see what will happen next…
Cheers,
Jim
jimmy@poniat.com