🔸 DAILY CHART EXPLANATION:
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🔸 Price broke the Resistance Zone after consolidating for a few weeks.
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🔸 We consider it has potential to make a strong upside move towards the Descending Trendline.
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🔸 However, we may see a corrective move looking for a pullback to the broken zone in the short term.
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🔸 Will look for a lower timeframe Bullish Setup.
🔸 WEEKLY CHART ANALYSIS:
.
.
🔸 Price broke the Resistance Zone after consolidating for a few weeks.
.
🔸 We consider it has potential to make a strong upside move towards the Descending Trendline.
.
🔸 However, we may see a corrective move looking for a pullback to the broken zone in the short term.
.
🔸 Will look for a lower timeframe Bullish Setup.
🔸 WEEKLY CHART ANALYSIS:
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.