After a strong bullish movement, the correction came in the same proportion, since then we are within a bearish channel for this asset I would wait for this asset to start forming a bullish structure, with higher highs and higher lows, otherwise, I think the downtrend movement will continue.
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I dont understand your graph do you even look at the macd and rsi? This is obviously bullish
wc36
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@AbsoluteZeroFX, yes bro. its bullish signal. but yeah, i do respect people opinion and try to figure out why he said like this.
anyway, i target for 1st tp at 150. is it ok? whts ur suggestion?