🔸 4H CHART EXPLANATION:
.
.
🔸 Price is on a downtrend.
.
🔸 It has broken the Descending Trendline, however, the bullish strenght was not enough to break the Resistance Zone.
.
🔸 Instead, the structure has been broken to the downside.
.
🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸 Price is on a downtrend.
.
🔸 It has broken the Descending Trendline, however, the bullish strenght was not enough to break the Resistance Zone.
.
🔸 Instead, the structure has been broken to the downside.
.
🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS:
Disclaimer
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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.