🔸 4H CHART EXPLANATION:
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🔸 Price broke the Corrective Structure.
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🔸 It did a pullback and was rejected (can be better appreciated on a lower timeframe).
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🔸 We consider that the bearish move can reach the lower trendline of the Weekly Descending Trendline.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
.
.
🔸 Price broke the Corrective Structure.
.
🔸 It did a pullback and was rejected (can be better appreciated on a lower timeframe).
.
🔸 We consider that the bearish move can reach the lower trendline of the Weekly Descending Trendline.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS: