🔸 4H CHART EXPLANATION:
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🔸 Price broke the Weekly Ascending Trendline.
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🔸 Now, it is making a corrective move on a pullback to the broken trendline.
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🔸 If this structure is broken, then there is potential for a downside move towards the Support Zone.
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🔸 Will look for a lower timeframe bearish setup if the structure is broken.
🔸DAILY CHART ANALYSIS:
.
.
🔸 Price broke the Weekly Ascending Trendline.
.
🔸 Now, it is making a corrective move on a pullback to the broken trendline.
.
🔸 If this structure is broken, then there is potential for a downside move towards the Support Zone.
.
🔸 Will look for a lower timeframe bearish setup if the structure is broken.
🔸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.