After breaking the weekly ceiling and consolidating above it, the price entered a 12-hour wide area and started to correct.
We expect that the decline will continue until the 12-hour demand area and then we will witness the continuation of the price increase until we reach the 2-day supply area, which is located in the heart of the weekly supply area, and from there we will see the reversal of the trend.
We expect that the decline will continue until the 12-hour demand area and then we will witness the continuation of the price increase until we reach the 2-day supply area, which is located in the heart of the weekly supply area, and from there we will see the reversal of the trend.