Might experience more selling pressure due to the break of the up trending trendline.
The red horizontal ray is a daily support zone so that's why we are experiencing a lot
of consolidation at that area.
Once we get an impulsive break below we are more likely to push lower to the targeted price.
The red horizontal ray is a daily support zone so that's why we are experiencing a lot
of consolidation at that area.
Once we get an impulsive break below we are more likely to push lower to the targeted price.
Trade active:
first target reached for the scalpers.
now we wait for more sells to come in the coming week
now we wait for more sells to come in the coming week
Trade active:
Price is now at a key zone of support and has been showing
sell potential. Price should impulsively break the support zone for
further continuation of sells to our target.
sell potential. Price should impulsively break the support zone for
further continuation of sells to our target.