YM Bearish Potential Bearish Opportunity

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The market price has yet to show signs of a bullish breakout based on the analysis conducted. The current market price is below the consolidated region on the chart. The daily time frame is still in the SELL zone and is potentially looking to re-test the previous low that was on the chart.

Entry can be conducted now if the person chooses to do so, but it may be better to wait for a higher price for entry to help reduce the risk associated.
Profit Objective : 32444.00
Stop Loss : 35026.00

This information is strictly for educational purposes.

Penafian

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