Possible sell swing trade Confirmed trend line on 4H timeframe 5th touch on the line is a 61.8% retracement with a 161.8 projection Price will sell down to 4925 area perfect entry 5108.44 hold and watch for the next few days
When you look at the D1, you realize that the market was in a trending bullish market however it broke the trendline around the "2195" price area however it never broke the previous low, which formed a strong support which repeatedly pushes price to the resistance on the upside where it gets rejected repeatedly creating a parallel channel. However the market has...