🔸 4H CHART EXPLANATION:
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🔸Price bounced at the Resistance Zone.
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🔸On a lower timeframe, the short term Ascending Trendline has been broken.
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🔸The first target of the downside move is the Ascending Trendline.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
.
.
🔸Price bounced at the Resistance Zone.
.
🔸On a lower timeframe, the short term Ascending Trendline has been broken.
.
🔸The first target of the downside move is the Ascending Trendline.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS: