🔸 4H CHART EXPLANATION:
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🔸Price bounced at the Resistance Zone.
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🔸It has broken the Support Zone.
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🔸We consider that it has potential to reach the Ascending Trendline, and, if the trendline is broken, then the next target is the Support Zone.
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🔸 Will look for a lower timeframe bearish setup.
.
.
🔸Price bounced at the Resistance Zone.
.
🔸It has broken the Support Zone.
.
🔸We consider that it has potential to reach the Ascending Trendline, and, if the trendline is broken, then the next target is the Support Zone.
.
🔸 Will look for a lower timeframe bearish setup.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.