As you can see, the price that was moving in an upward trend was able to break its upward trend line,
which had a supporting role (purple line) (the area of the trend line break is marked with a yellow circle) and enter the downward phase.
If it can break its downward trend line (blue line), you can expect an increase to the resistance range of $1284.
Otherwise, if this line has created a strong resistance trend, the price will continue its downward trend and we will expect a fall to the range of $1142.

Support ranges: 1189-1163-1142

Resistance ranges: 1235-1264-1284

GOODLUCK
SANAM
Harmonic PatternsTechnical IndicatorsTrend Analysis

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