Continued lateral movement, locally moving in a downward channel, exit from it will mean a new upward trend.
Scenario 1: Punching local resistance 8035, fastening and going to 8300.
Scenario 2: False breakdown is possible and again down, locking up over 8035 and decreasing value along the channel to 7800, there is an increased liquidity zone.
Scenario 1: Punching local resistance 8035, fastening and going to 8300.
Scenario 2: False breakdown is possible and again down, locking up over 8035 and decreasing value along the channel to 7800, there is an increased liquidity zone.
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