Price is currently at the support of a H4 rising channel. Previously, the minor resistance has been touched before a dip down followed by a continuation to major resistance. The H1 bearish impulse from the resistance created a 78.6% fibonacci with the 127.2 projection lining up with the rising channel support. Track bearish exhaustion and bullish pressure for a buy.
Please like and follow for future analysis'.
Please like and follow for future analysis'.