🔸DAILY CHART EXPLANATION:
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🔸Price is on a strong uptrend.
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🔸It is facing the Resistance Zone.
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🔸In case of a breakout to the upside, it has potential to reach the Weekly Descending Trendline, but, if it bounces, then we may see a retracement towards the Ascending Trendline.
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🔸 Will look for a lower timeframe setup.
🔸WEEKLY CHART ANALYSIS:
.
.
🔸Price is on a strong uptrend.
.
🔸It is facing the Resistance Zone.
.
🔸In case of a breakout to the upside, it has potential to reach the Weekly Descending Trendline, but, if it bounces, then we may see a retracement towards the Ascending Trendline.
.
🔸 Will look for a lower timeframe setup.
🔸WEEKLY CHART ANALYSIS: