Price hitting the major resistance than drop
Price is in the ascending channel (Reversal pattern) and break the channel
Downtrend may continue
Find correction and keep shorting all the way down.
This chart is just a bigger picture, not a trade setup.
Update for trade setup will follow.
(Note: Never trade with the money you can't afford to lose)
Good luck.
Please like, comment, and subscribe to support the author if you find this analysis helpful.
Price is in the ascending channel (Reversal pattern) and break the channel
Downtrend may continue
Find correction and keep shorting all the way down.
This chart is just a bigger picture, not a trade setup.
Update for trade setup will follow.
(Note: Never trade with the money you can't afford to lose)
Good luck.
Please like, comment, and subscribe to support the author if you find this analysis helpful.