Price Level & Trend
Current price $3380
The market has been forming lower highs and lower lows, suggesting a bearish trend continuation
A yellow zigzag line projects a possible downward price movement path
Resistance Zone
A red rectangular zone marks a strong resistance area, previously tested multiple times and rejected
Price failed to break above this zone, reinforcing the bearish outlook
Support & Target Levels
Three significant horizontal support levels are marked
Level 1 $3,368
Level 2 $3,356
Final Target Zone Around $3344 $3344
The final target is emphasized with an orange Target label and arrow, indicating the expected destination for this bearish move
Projection
The chart anticipates short-term pullbacks retracements followed by further downside
This is visualized through the yellow zigzag pattern illustrating probable future price action
Current price $3380
The market has been forming lower highs and lower lows, suggesting a bearish trend continuation
A yellow zigzag line projects a possible downward price movement path
Resistance Zone
A red rectangular zone marks a strong resistance area, previously tested multiple times and rejected
Price failed to break above this zone, reinforcing the bearish outlook
Support & Target Levels
Three significant horizontal support levels are marked
Level 1 $3,368
Level 2 $3,356
Final Target Zone Around $3344 $3344
The final target is emphasized with an orange Target label and arrow, indicating the expected destination for this bearish move
Projection
The chart anticipates short-term pullbacks retracements followed by further downside
This is visualized through the yellow zigzag pattern illustrating probable future price action
Trade active
Trade closed: target reached
Target 
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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.
Join Free Forex Signals
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t.me/+Lw2yzKfOoWw0YmI0
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.