Hi everyone!
We might see a rejection of the previous trendline / trend channel.
This most of the time signals a reversal since support became resistance -» price potentially might retest the support zone and make a 20% downwards move.
The short is a possibility of course, be careful!
Kind regards,
Noel
We might see a rejection of the previous trendline / trend channel.
This most of the time signals a reversal since support became resistance -» price potentially might retest the support zone and make a 20% downwards move.
The short is a possibility of course, be careful!
Kind regards,
Noel