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Guys you should take this trade very carefully. Ascending channel was broking and there was a lot of selling pressure. Currently Support trendline turned into resistance. In 1 scenario the price might retrace but will reject from resistance trendline where is a 1 sell zone. Because there was a lot of selling pressure there is another scenario where you can take short position if price will close below its current support.
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Please always do your own research before to trade my ideas!
Guys you should take this trade very carefully. Ascending channel was broking and there was a lot of selling pressure. Currently Support trendline turned into resistance. In 1 scenario the price might retrace but will reject from resistance trendline where is a 1 sell zone. Because there was a lot of selling pressure there is another scenario where you can take short position if price will close below its current support.
Please follow the Trading View profile to support my work
Please always do your own research before to trade my ideas!