🔸 Weekly Chart Explanation:
.
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🔸 Price broke the Descending Trendline.
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🔸 After some weeks, it did a pullback towards the broken trendline.
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🔸 There was a strong rejection, so, we consider it has potential to reach the Resistance Zone.
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🔸 We will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸 Price broke the Descending Trendline.
.
🔸 After some weeks, it did a pullback towards the broken trendline.
.
🔸 There was a strong rejection, so, we consider it has potential to reach the Resistance Zone.
.
🔸 We will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS: