If the weekly support holds or the daily trend holds then we could expect more bullish movement to the weekly trend channel.
Bearish engulfing candle is present. resistance line in green has being tested many times.
If price closes below the daily resistance then the target would be around 141.978. If prices closes above the daily resistance then the target would be 156.246
If price closes below the support then the target would be around 41.21. If prices closes above the trend line the target would be around 48.10
I see a bearish shark pattern. If price reaches the take profit area then we could expect further up movements to the Monthly resistance
Bearish cypher pattern present. Until we reach point D then we could look for selling opportunities.
Is there is a re test of the trendline line we could expect further down movement.
A strong resistance is present. There is a bearish bat formation.
I see a possible formation of a Bearish Cypher pattern. There is also bearish divergence present.