Hello Traders,
Currently, the price looks forming descending channels, however, I would wait until the price is respecting the recent resistance and test it as the last attempt for evidence that the buyer is off by closed below the zones with the recent resistance is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
Currently, the price looks forming descending channels, however, I would wait until the price is respecting the recent resistance and test it as the last attempt for evidence that the buyer is off by closed below the zones with the recent resistance is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!