at previous analysis, we have channel up pattern, but this pattern already break down. this is bad sign for bullish wave, and also descending triangle perform here.
Lucky for bullish, we have resistance that already became support (classic support and resistance) at 0.4496.
Bullish side :
Bullish will only continue if descending triangle break up, with target around previous high at 0.4953
Bearish side :
If classic support and resistance break down, bearish will perform with target at descending triangle projection at 0.4029
What side are U?
If you have question about this analysis, fell free to send me private messages.
and don't forget to support me with "like"
good luck
Lucky for bullish, we have resistance that already became support (classic support and resistance) at 0.4496.
Bullish side :
Bullish will only continue if descending triangle break up, with target around previous high at 0.4953
Bearish side :
If classic support and resistance break down, bearish will perform with target at descending triangle projection at 0.4029
What side are U?
If you have question about this analysis, fell free to send me private messages.
and don't forget to support me with "like"
good luck
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