Price has made a strong bearish move off the supply zone above, breaking through the counter trendline today showing that bearish momentum remains & that the downtrend is ready to continue as the correction period is complete. Watching for a slight pullback for price to then continue lower to create a new potential lower low.
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D1: 110 Key level & 109.720 area will be very difficult for price to break back above.
Kommentera:
Rejection & price can move lower now
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