Daily Chart Explanation:
- Price bounced in an important Support Zone.
- Also, it reached the bottom of the Weekly Ascending Wedge.
- It bounced from there, but have not broken the Descending Channel yet.
- If it breaks it, price has potential to move up towards the Resistance Zone at 1,873.
Our Weekly Vision supports this Bull Idea. Check it!
Weekly Vision:
- Price bounced in an important Support Zone.
- Also, it reached the bottom of the Weekly Ascending Wedge.
- It bounced from there, but have not broken the Descending Channel yet.
- If it breaks it, price has potential to move up towards the Resistance Zone at 1,873.
Our Weekly Vision supports this Bull Idea. Check it!
Weekly Vision: