If you plot the lower high and lower lows, you will see the trend is down phase. Keeping it simple, i plot my support and resist based on the swing highs and sing lows nearest the daily current price.
This gives you a swing trading view to see if these points will be respected. So far, the down trend has been respected; but, it price is volatile in the short run. So, put your trade in; chill; and trust the system. #OPINIONLEADER#
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