TREND ANALYSIS We have 1 Downtrend in red color We have 1 Uptrend in green color Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). The Yellow Backend 4H level is a level already tested and is not an entry level I added it only for explanation purposes.
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The first Front 4H Resistance level has been hit and we have broken the uptrend and we have seen a reversal. If you are in the trade you can create a new internal downtrend to maintain you trade and see it as an exit point if broken in the near future.