Price continues to roll down the shoulders, so to speak, as forecast at the end of March - See original analyses here:
1 - Defining Targets (8 days ago) - 4-Hour Chart:
2 - Carves New Structure Low (5 days ago) - 4-Hour Chart:
3 - The Technical Context (14 Hours ago) - Daily Chart:
As price nears our target, shifting from a 4-hour view to a broad sweeping daily view suggests a significant that has persistent across the length of the . Considering that both target and are coincident, expect a significant support at that forecast target level.
In any case, the directional bias remains firmly as it has since the forecast, and there is otherwise no other technical event to suggest to easing of the trend besides above defined technical consideration.
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"Considering that both target and wedge are coincident, expect a significant support at that forecast target level. "
... in reference to this chart: