Prices are running sideways and we clearly see prices are trying to recover to the upside. Prices must confirm by trying to reach black downward trend line at least, make a few corrections and then breakout, by confirm uptrend while having a new higher low than previous one.
If prices breakdown towards blue market and confirm new lows, then we might see an uptrend retest before going further down. what I do not directly see happening.
If prices breakdown towards blue market and confirm new lows, then we might see an uptrend retest before going further down. what I do not directly see happening.