re evaluation
I spotted a box range and retest.
If we look at the bearish move from the 4 June and the bearish move from the 15 June
The rally in between seems alot like a continuation pattern.
We also see a. Hidden support area that respected as resistance af that key broke below it.
THE current upswing is just normal.
THE candles on the daily don't show strong bullish moment for it to be to bullish unless something changes before the end of the day.
Over all conditions don't look good for the bulls right now.
But I would say wait for 30 000 support to break before Considering entering any trades right now
I spotted a box range and retest.
If we look at the bearish move from the 4 June and the bearish move from the 15 June
The rally in between seems alot like a continuation pattern.
We also see a. Hidden support area that respected as resistance af that key broke below it.
THE current upswing is just normal.
THE candles on the daily don't show strong bullish moment for it to be to bullish unless something changes before the end of the day.
Over all conditions don't look good for the bulls right now.
But I would say wait for 30 000 support to break before Considering entering any trades right now
