hey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️
I have drawn a triangle, the sides of the triangle act as S/R levels; if price under it, its resistance, if price is above it its support.
Price have approached good support level. If price breaks the triangle UP, then we are targeting R and R2 most likely.
S = support R = resistance R2 = 2nd resistance acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard. AH = all-time high AL = all-time low
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