i am a beginner. Why do you think this area is observed as strong Resistance area and that may not continue to rally for a bit longer ? i hope i made my question clear
thanks in advance.
Andrew_Kay
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@Alharbi922, bcz the price had bounced off of that line multiple times in the past so I think its a strong resistance.
AbdlrahmanMohammed
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@Andrew_Kay indeed i could now see this better.Thanks man.
i am a beginner. Why do you think this area is observed as strong Resistance area and that may not continue to rally for a bit longer ? i hope i made my question clear
thanks in advance.