If we are looking at 1D chart we can see that price broke down from huge accumulation and is in clear down trend.
We expect price to reach second support line around 1815 aria and bounce from there to the resistance aria around 1915 where was previously strong support.
At a longer run we expect price to reach 1750 aria where is huge support line and from there we will see where it will go, depending how will price react to that support line.
We will continue to monitor price action on lower time frames for possible and accurate entry.
If you like this idea please like it and leave a comment.
We expect price to reach second support line around 1815 aria and bounce from there to the resistance aria around 1915 where was previously strong support.
At a longer run we expect price to reach 1750 aria where is huge support line and from there we will see where it will go, depending how will price react to that support line.
We will continue to monitor price action on lower time frames for possible and accurate entry.
If you like this idea please like it and leave a comment.
