đWe eventually broke below the PML line and the buy zone turned into a resistance zone.
đ§ From the graph, we can see that we are falling all the way following a zigzag pattern. The price is about to enter the buying zone on the daily and weekly lines. The strongest short-term support zone is 50636-52888. When the price reaches this zone, there should be good reaction.đ
âĄïžFrom a structural point of view, the double-top short structure has been established and it has fallen below the important buying zone, so the downward trend will be dominant in a short period of time. Look for shorting opportunities when the price rebounds again to the area where the downtrend line and the resistance zone overlap.đ
â ïžDonât forget risk managementđŻ
âïžTrade safeâïž
đ€If you like my analysis, please like đand share itđŹ
đ§ From the graph, we can see that we are falling all the way following a zigzag pattern. The price is about to enter the buying zone on the daily and weekly lines. The strongest short-term support zone is 50636-52888. When the price reaches this zone, there should be good reaction.đ
âĄïžFrom a structural point of view, the double-top short structure has been established and it has fallen below the important buying zone, so the downward trend will be dominant in a short period of time. Look for shorting opportunities when the price rebounds again to the area where the downtrend line and the resistance zone overlap.đ
â ïžDonât forget risk managementđŻ
âïžTrade safeâïž
đ€If you like my analysis, please like đand share itđŹ
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