🔸 4H CHART EXPLANATION:
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🔸 Price bounced at the Weekly Descending Trendline.
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🔸 It is trying to break the Ascending Trendline.
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🔸 The first target of the movement is the Support Zone, and then the Ascending Trendline.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
.
🔸 Price bounced at the Weekly Descending Trendline.
.
🔸 It is trying to break the Ascending Trendline.
.
🔸 The first target of the movement is the Support Zone, and then the Ascending Trendline.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS: