Long-term down channel.
First resistance hit.
First resistance hit.
Watch the 2nd resistance. Only a high volume break can change the down trend. If not, take your money and run if price keep hovering around the 2nd resistance.
When using technical analysis, there are no certainties—just probabilities.
This blog is for self-learning purposes only; you are responsible for your own trades. Do Your Own Due Diligence (DYODD).
Timeless Principles of Trading Success: Lessons from 1898 to Today
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