Technical analysis Time New Bank. TNB-BTC on May 16, 2018

June 16, 2018


If if does not manage to consolidate above the local resistance zone we will have good chances to form H&S pattern, which can lower the market to the 500 zone. If we break it the market will make the market test the zone near 450. The right strategy will be to sell on the current level in order to buy above the resistance or at the support level to get the profit from the lower entry.

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