Pattern : Descending Channel.
From this current 1.39500 support, all we await for is a breakout.
A break and close below will enable the bears to express their strength, motivating them to push price down to the 1.35500 support region.. the bulls are very dominant in this region. Hence the bullish gap.
From this current 1.39500 support, all we await for is a breakout.
A break and close below will enable the bears to express their strength, motivating them to push price down to the 1.35500 support region.. the bulls are very dominant in this region. Hence the bullish gap.