4H CHART EXPLANATION:
As we explained on the Daily Chart, price has bounced at the Resistance Zone and broke the Ascending Trendline. We wanted to place a short trade here but price did not give us a proper setup. Now, we are waiting a reaction of the price at the Support Zone and then a corrective movement so we can place our entries there.
DAILY CHART EXPLANATION:
As we explained on the Daily Chart, price has bounced at the Resistance Zone and broke the Ascending Trendline. We wanted to place a short trade here but price did not give us a proper setup. Now, we are waiting a reaction of the price at the Support Zone and then a corrective movement so we can place our entries there.
DAILY CHART EXPLANATION: