There is R1 as a resistance area which represents the price was not able to rise. S1 used to be another resistance line and S2 is a support line with its several-point support. Therefore, we have the fluctuation of price over S1 and we expect a rise to happen for it to reach R1. Then in case the price gives us some confirmation candles to fall, our prediction will include a decline for it. Even it is possible that the price falls below S1 and is not supported there. Please keep moving with our analyses in order to have less risky trades and gain more profit.
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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