In our previous forecast, we expected the price to drop a bit from the last week’s level before reversing.
In the coming days, even though we broke the lower channel line, we expect the price to enter a corrective B wave from the support level highlighted on the chart.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.