The market reached the weekly timeframe zone and began to range so as to gather momentum for a further bearish move. On the daily timeframe, price action formed a Bullish TWEEZER TOP indicating a brief pull to the upward-side possibly for the market to grab topside liquidity. On the 4hrs timeframe, we have a doji candle indicating a change in market movement.
Generally, i think the market will pull up a little before continuation of the bearish trend.
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NB: This is not a financial advice. USE WISE RISK MANAGEMENT
Generally, i think the market will pull up a little before continuation of the bearish trend.
If you found this useful, please leave a boost and share your thoughts.
NB: This is not a financial advice. USE WISE RISK MANAGEMENT