🔸 DAILY CHART EXPLANATION:
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🔸 Price broke the Resistance Zone after consolidating for a few weeks.
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🔸 We consider it has potential to make a strong upside move towards the Descending Trendline.
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🔸 However, we may see a corrective move looking for a pullback to the broken zone in the short term.
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🔸 Will look for a lower timeframe Bullish Setup.
🔸 WEEKLY CHART ANALYSIS:
.
.
🔸 Price broke the Resistance Zone after consolidating for a few weeks.
.
🔸 We consider it has potential to make a strong upside move towards the Descending Trendline.
.
🔸 However, we may see a corrective move looking for a pullback to the broken zone in the short term.
.
🔸 Will look for a lower timeframe Bullish Setup.
🔸 WEEKLY CHART ANALYSIS: