Following previous analysis, TOTAL2 dumped and moved towards the lower trendline.
Although the trendline got broken, 12H candles closed on the trendline so the mentioned trendline is still valid but 4H analysis suggests that TOTAL2 is probably gonna cross below it.
TOTAL2 is facing the combined resistance of blue descending trendline and 0.618 Fib ret. of the previous drop, so it's possible to see another dump in the market over the next couple of days.
Although the trendline got broken, 12H candles closed on the trendline so the mentioned trendline is still valid but 4H analysis suggests that TOTAL2 is probably gonna cross below it.
TOTAL2 is facing the combined resistance of blue descending trendline and 0.618 Fib ret. of the previous drop, so it's possible to see another dump in the market over the next couple of days.
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