🔸 DAILY CHART ANALYSIS:
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🔸 Price is on a Downtrend moving on a Descending Channel.
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🔸It has broken the Support Zone.
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🔸 We consider that it has potential to reach the lower trendline of the channel.
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🔸 Will look for a lower timeframe setup if there is a good scenario.
🔸4H CHART EXPLANATION:
.
.
🔸 Price is on a Downtrend moving on a Descending Channel.
.
🔸It has broken the Support Zone.
.
🔸 We consider that it has potential to reach the lower trendline of the channel.
.
🔸 Will look for a lower timeframe setup if there is a good scenario.
🔸4H CHART EXPLANATION: