I'm duly noting that "if" price ends up breaking down past our recent lows or this strong line of resistance at the lower 7 K region then brace for the fallout into the Slide Zone. We are still in the 3.75 % trading range as I've posted on my last posted chart (see link below). Reality check => My hand drawn down line is showing possible price bar action for the fall, absolutely probably "will not" go they way I drew it. Good Luck fellow traders, happy holidays and to a prosperous New Year to follow !!
the 3.75 % trading range chart..
the 3.75 % trading range chart..
Comment:
Here's price's move down to the red line nearby.. @ 7,100
the bigger question is, will it continue on it's downwards swing ??
Comment:
The answer is yes