In daily view price is in a downtrend channel and it's close to the top of it.
There's a powerful resistance area that i mentioned by a rectangle and the price is getting close to it.
Higher Highs and Higher Lows are ended and the up trendline is broken and now we have Lower Highs and Lower Lows , so i think we should look for a short position in this beautiful pullback.
Tell me your idea , i'll be glad.
Thank you very much.
There's a powerful resistance area that i mentioned by a rectangle and the price is getting close to it.
Higher Highs and Higher Lows are ended and the up trendline is broken and now we have Lower Highs and Lower Lows , so i think we should look for a short position in this beautiful pullback.
Tell me your idea , i'll be glad.
Thank you very much.