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A downtrend has formed, which means the entire direction is down.
If sellers can break through the level of local support 147 and fix the price below it,
this will be a confirmation of the Head and Shoulders pattern and the price will continue to decline to level 141.
But since the movement is lateral now, we can expect a price increase.
With the breakdown of the resistance level 153 and fixing above it, growth can continue to 159.
If sellers can break through the level of local support 147 and fix the price below it,
this will be a confirmation of the Head and Shoulders pattern and the price will continue to decline to level 141.
But since the movement is lateral now, we can expect a price increase.
With the breakdown of the resistance level 153 and fixing above it, growth can continue to 159.
