Earlier this week i anticipated that we would get a 3rd touch of the ascending channel resistance just above local resistance zone (1829 -1831) and it didn't play out like that ,instead it created a double top formation and has broken out of the ascending channel and through the local support zone (1798-1801) creating a new low ...
So since we have a bearish impulsive move ,we should expecting a correction retesting the local support zone (1798-1801) as resistance then continue the bearish movement towards the 1750's
feel free to comment down bellow what you think.
So since we have a bearish impulsive move ,we should expecting a correction retesting the local support zone (1798-1801) as resistance then continue the bearish movement towards the 1750's
feel free to comment down bellow what you think.
