The price broke ascending channel. I am bias towards short and the factors to be consider as below :
1. The wave 4 is perfectly touch fibo 61.8 of wave 3
2. Based on fibo extension, the wave 5 most probably will continue the short until (0.618-0.786) where there is also a support area created on 16 April 2021.
3. New resistance is between 1778-1780.
The entry...
