LEAD at Key Resistance Level - Correction Incoming?

3 gün önce

XPBUSD is currently testing a significant resistance zone. Previously, this area has acted as a strong barrier, leading to bearish reactions. The recent rally into this zone suggests a potential for sellers to step in and drive prices lower.

A bearish confirmation, such as a strong rejection pattern, bearish engulfing candles, or long upper wicks, would increase the probability of a pullback. If sellers regain control, the price could move toward the 1,967.000 level.

This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.

Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.

Best of luck , TrendDiva

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