🔸4H CHART EXPLANATION:
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🔸Price is on a strong downtrend.
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🔸It has broken the Weekly Ascending Trendline.
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🔸Now, it has broken the counter-trend corrective move. We consider that this pair has potential to reach the Support Zone.
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🔸 Will look for a lower timeframe bearish setup.
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🔸Price is on a strong downtrend.
.
🔸It has broken the Weekly Ascending Trendline.
.
🔸Now, it has broken the counter-trend corrective move. We consider that this pair has potential to reach the Support Zone.
.
🔸 Will look for a lower timeframe bearish setup.