4H CHART EXPLANATION:
Price broke the Ascending Trendline and it has been consolidating on an horizontal channel. Last week, it bounced on a Major Resistance Zone and showed a strong rejection. We are waiting for a break of the Support Zone to take short positions.
DAILY CHART EXPLANATION:
Price broke the Ascending Trendline and it has been consolidating on an horizontal channel. Last week, it bounced on a Major Resistance Zone and showed a strong rejection. We are waiting for a break of the Support Zone to take short positions.
DAILY CHART EXPLANATION: