Daily Chart Explanation:
- Price was on an Ascending Channel and broke it.
- Now, it is developing a Bearish Corrective Structure.
- If price breaks it, it has potential to move down towards the Middle Support Zone first and, then, continue towards the Primary Support Zone .
Weekly Vision:
4H Vision:
Updates coming soon!
- Price was on an Ascending Channel and broke it.
- Now, it is developing a Bearish Corrective Structure.
- If price breaks it, it has potential to move down towards the Middle Support Zone first and, then, continue towards the Primary Support Zone .
Weekly Vision:
4H Vision:
Updates coming soon!