4H CHART EXPLANATION:
Price was consolidating on a wedge pattern, which faced the Resistance Zone at 66 and could not break it. Now it is at the Support Zone, that, if it is broken, the next short term target would be the Support Zone at 47. The long term vision is explained on the Daily chart below.
DAILY CHART ANALYSIS:
Price was consolidating on a wedge pattern, which faced the Resistance Zone at 66 and could not break it. Now it is at the Support Zone, that, if it is broken, the next short term target would be the Support Zone at 47. The long term vision is explained on the Daily chart below.
DAILY CHART ANALYSIS:
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