the intersection between the yellow and red lines has the potential energy to melt the price down.
the red line is a very important daily support and resistance line which is being touched after got touched on November 9 the last.
the yellow is the daily and 4H tf downtrend doing its best.
we'll get the confirmation from 4H.
Goodluck...
the red line is a very important daily support and resistance line which is being touched after got touched on November 9 the last.
the yellow is the daily and 4H tf downtrend doing its best.
we'll get the confirmation from 4H.
Goodluck...