Hi dear friends;
If you have seen the previous analysis, you should remember that the price was in a wide trading range and I believe it is still in this condition.
The trading range formed after a two-legs bearish spike and finally, the price returned to the flag of this spike.
But now I'm waiting for the break out of the price to what you see as the wide trading range zone.
There is a possibility of an increase due to the long distance of Moving 20 in the monthly time frame, although the conditions are normal in other time frames.
I am waiting for the price increase, but for now, we are suffering from trading and you know the rules; BLSH*.
Cordial Regards;
ALI SADEGHI.
If you have seen the previous analysis, you should remember that the price was in a wide trading range and I believe it is still in this condition.
The trading range formed after a two-legs bearish spike and finally, the price returned to the flag of this spike.
But now I'm waiting for the break out of the price to what you see as the wide trading range zone.
There is a possibility of an increase due to the long distance of Moving 20 in the monthly time frame, although the conditions are normal in other time frames.
I am waiting for the price increase, but for now, we are suffering from trading and you know the rules; BLSH*.
Cordial Regards;
ALI SADEGHI.