Just an idea for where price action is likely to go next, price just coming down from a critical zone that has been tested many times, on lower time frame it might be a buy, higher time frame bias is sell considering the big downtrend and a huge spike down from 2 weeks ago. May test the trend line before continuing downwards. Looking for a move to next support area where price has reversed many times, and then a potential move even further down.
評論:
Price action has pushed downwards slowly with some consolidations, came right down twice to the top of my support area which was mentioned in my analysis, still waiting for price to move down into the area, not just testing at the top and reversing back up.