🔸 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: