There was a big rally on the WSE recently - 16 green Heikin Ashi candles in a row. Now it's time for a continuation of the downtrend or, less likely, a correction in the new bullish trend. Why? There is: - an important supply-resistance level - a supply zone - 1-hour confirmation - Head and Shoulders formation - weekly confirmation - an ending bearish candle and USDPLN entered the weekly support zone.
Rather, the price will fall from these price levels otherwise, there is a chance that the upper zone will be tested. The first target: the lower zone. The second target: 2020 low.
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