There is R1 on the top which are our resistance area and all include the disability of price to rise. R2 used to be a support area. And S1 is a support line which shows the support of price since the past. At the moment, we have the fluctuation of price at R1 and there are two options here. In case the price is able to give us some confirmation candles to rise, then an increase is predicted toward higher amounts including R2 or higher; via more fluctuation over there. Even it is clear that if the price is not supported at R1, definitely it would experience more decline to S1. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
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