Consilidation shown in the triangle with higher lows and even lower highs.
Current support level has been broken before: awaiting for confirmation of bounce or breakout.
MA7 has crossed over MA20, suggests possible breakout for a short position.
Also, ADX signalling a not so strong trend, strengthining the consilidation view.
Current support level has been broken before: awaiting for confirmation of bounce or breakout.
MA7 has crossed over MA20, suggests possible breakout for a short position.
Also, ADX signalling a not so strong trend, strengthining the consilidation view.