Hello traders.
Price has reached to a strong support zone (intersection of channel's lower band and horizontal support).Most likely the price will return from this zone but it is better to wait for downtrend line (marked in red) to be broken out.
Price has reached to a strong support zone (intersection of channel's lower band and horizontal support).Most likely the price will return from this zone but it is better to wait for downtrend line (marked in red) to be broken out.