Clear down trend currently on 4hr chart. Currently testing very strong support in 1900-2050 zone. With trend line been around as well
Volatility is quite high at similar levels as last few tops/bottoms.
Bounce from this level is possible, but trend stays down.
Volatility is quite high at similar levels as last few tops/bottoms.
Bounce from this level is possible, but trend stays down.
Current bar looks as engulfing bar
Possible bounce towards 2250 or even 2400-2450 (top of the channel)