-Daily Chart Explanation:
Price broke the Weekly Resistance Zone and consolidated above. We expect a pullback to the broken zone. If it bouncen then it has potential to reach the Weekly Resistance Zone. And, if the zone can not hold the price, then it can start a downside movement to the Ascending Trendline.
-Weekly Chart:
Price broke the Weekly Resistance Zone and consolidated above. We expect a pullback to the broken zone. If it bouncen then it has potential to reach the Weekly Resistance Zone. And, if the zone can not hold the price, then it can start a downside movement to the Ascending Trendline.
-Weekly Chart: