Support and resistance zone: 42278-42321

2 Jun

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(YM1! Chart)

OBV High indicator point: 42321
OBV Low indicator point: 42278

Accordingly, if it falls below 42278, it is highly likely to fall again around 42211.

If it receives support at 42321, it is likely to show an upward trend.

At this time, the resistance zone is 43263-43628.

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If you look at the 30m chart, the HA-High indicator is located near the OBV High indicator point.

Therefore, if there is resistance near the HA-High indicator, there is a high possibility that it will fall to the HA-Low indicator.

The HA-Low indicator point is currently formed at the 42211 point.

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Thank you for reading to the end.
I hope you have a successful trade.

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3 Jun

Nota

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(eng) tradingview.com/blog/en/leap-paper-trading-competition-by-pepperstone-51165/