Bullish Counter Trend Line been broken with a firm retest (Spinning top candle).
Overall on the monthly chart/weekly chart this is bearish and the current light blue area is monthly support which looks to be holding well. (P3) indicates price has hit the above trendline 3 times, I am expecting continuation downwards and if things go to plan, I'll take profit around 0.745.
Overall on the monthly chart/weekly chart this is bearish and the current light blue area is monthly support which looks to be holding well. (P3) indicates price has hit the above trendline 3 times, I am expecting continuation downwards and if things go to plan, I'll take profit around 0.745.