On the daily timeframe, we can see that a descending triangle has formed after a big bearish move. We are waiting for the price to break out of it, and believe that a break out should happen in the bearish direction, but are waiting for the confirmation.
On the four hour chart, a simple channel has formed, and the price has just recently bounced off from the upper resistance line, We are expecting that move to continue down towards the lower support line.
We wish you good luck with your trading!
We wish you good luck with your trading!