Everything is clear on the chart.
the green line was the previous broken uptrend which acted as a resistance. the purple line is the second uptrend in recent period which is broken and a pullback already is formed.
a downtrend movement is expected for the next reaction.
get the confirmation from 1H.
Goodluck...
the green line was the previous broken uptrend which acted as a resistance. the purple line is the second uptrend in recent period which is broken and a pullback already is formed.
a downtrend movement is expected for the next reaction.
get the confirmation from 1H.
Goodluck...