🔸 Weekly Chart Explanation:
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🔸 Price is on an Ascending Channel.
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🔸 It has bounced at the Resistance Zone.
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🔸 It has potential to reach the Ascending Trendline on this downside move.
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🔸 We will look for a lower timeframe bearish setup.
DAILY CHART ANALYSIS:
.
.
🔸 Price is on an Ascending Channel.
.
🔸 It has bounced at the Resistance Zone.
.
🔸 It has potential to reach the Ascending Trendline on this downside move.
.
🔸 We will look for a lower timeframe bearish setup.
DAILY CHART ANALYSIS: