🔸 4H CHART EXPLANATION:
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🔸Price bounced at the Daily Support Zone.
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🔸It is facing now the Resistance Zone.
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🔸We are not taking any trade until price shows a clear breakout or bounce. Will consider a bullish trade after price breaks the first descending Trendline.
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🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price bounced at the Daily Support Zone.
.
🔸It is facing now the Resistance Zone.
.
🔸We are not taking any trade until price shows a clear breakout or bounce. Will consider a bullish trade after price breaks the first descending Trendline.
.
🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS: