Price rejected off the long term descending trend line, rejecting also this week previous resistance forming a double top. This upcoming week, I am looking for further downside on the lower timeframe, into the support region below.
Kommentera:
Daily Timeframe: Scenarios ill be looking at
Kommentera:
4 Hour: Support & head on shoulders neckline broken, a retest / rejection of previous support as resistance, & we can look for entry for price to complete the pattern.
Kommentera:
Kommentera:
Price is now in the pullback zone