🔸 WEEKLY CHART EXPLANATION:
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🔸 Price bounced at the confluence Zone between the Resistance Zone and the Ascending Trendline.
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🔸After that it broke the Support Zone (now Resistance Zone).
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🔸 Our weekly target is the Ascending trendline of the channel.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
.
.
🔸 Price bounced at the confluence Zone between the Resistance Zone and the Ascending Trendline.
.
🔸After that it broke the Support Zone (now Resistance Zone).
.
🔸 Our weekly target is the Ascending trendline of the channel.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS: