Hello 🐋 based on the chart the price is close to the trend line and resistance zone in the parallel channel ✔️📚 so we expect to see red candlesticks to the downside ❌🧨 besides the range market and brief green candlesticks to the upside are acceptable scenario too 📖💡 if we lose our support level, we will see even more correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
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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.