Price action + candlestick pattern
Buyers didn't supported properly at the support zone and SMA 200.
Ema 100 tested two times and sellers pushed price down with good pressure. It means sellers have more power at the momentum and probably price will continue to drop
Buyers didn't supported properly at the support zone and SMA 200.
Ema 100 tested two times and sellers pushed price down with good pressure. It means sellers have more power at the momentum and probably price will continue to drop
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Disclaimer
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.