Horizontal S/R area, marked off area where we can see price reacted, then finally broke down.
We've been in a down trend at eu for a long time, still trending down. Not guessing the bottom, lets keep selling!
If you scroll out, you'll see a drawn trend line that is still intact.
Price rallied up to varies resistance zones/confluence and gives us an excellent chance to sell for a continuation downward.
We've been in a down trend at eu for a long time, still trending down. Not guessing the bottom, lets keep selling!
If you scroll out, you'll see a drawn trend line that is still intact.
Price rallied up to varies resistance zones/confluence and gives us an excellent chance to sell for a continuation downward.