The price encountered a strong support on the daily chart and reached the bottom of the descending trend channel, and then rebounded from there. I expect a bullish movement to the top of the channel. But if the descending trend line fails to break, the downward movement may continue.
Daily support:
4H descending channel:
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Daily support:
4H descending channel:
Good trading!
If you find it useful, like, follow, share!
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