The price encountered a strong support on the daily chart and reached the bottom of the descending trend channel, and then rebounded from there. I expect a bullish movement to the top of the channel. But if the descending trend line fails to break, the downward movement may continue.
Daily support:
4H descending channel:
Good trading!
If you find it useful, like, follow, share!
Daily support:
4H descending channel:
Good trading!
If you find it useful, like, follow, share!
منشورات ذات صلة
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
منشورات ذات صلة
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.