the green line is our most recent daily downtrend line to which the price is getting close.
The yellow line is a long-term S&R line that recently is broken in a daily timeframe and the price is just touched and now it is acting as a very strong resistance.
on the other hand, we have a clear lower low and the typical resistance zone (the blue zone).
all above formed a good intersection with each other at our circle zone that our eyes should be kept on it.
The confirmation time frame is 4H.
Goodluck...
The yellow line is a long-term S&R line that recently is broken in a daily timeframe and the price is just touched and now it is acting as a very strong resistance.
on the other hand, we have a clear lower low and the typical resistance zone (the blue zone).
all above formed a good intersection with each other at our circle zone that our eyes should be kept on it.
The confirmation time frame is 4H.
Goodluck...