🔸4H CHART EXPLANATION:
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🔸Price is moving on a Descending Channel.
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🔸It is facing the upper trendline of the channel.
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🔸In case of a bullish breakout, the next target is the Resistance Zone. And, in case of a bounce, the bearish target is the Support Zone.
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🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price is moving on a Descending Channel.
.
🔸It is facing the upper trendline of the channel.
.
🔸In case of a bullish breakout, the next target is the Resistance Zone. And, in case of a bounce, the bearish target is the Support Zone.
.
🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS: