We are coming off a rising wedge which can indicate a move to the downside as we get narrower of the ascending channel.
Price has tried to break above the trend line but did not get past, we are currently in a retest but I believe that it will move to the downside and can hit TP 1 for our support and we shall see if it will continue down to our TP 2.
Price has tried to break above the trend line but did not get past, we are currently in a retest but I believe that it will move to the downside and can hit TP 1 for our support and we shall see if it will continue down to our TP 2.