Looking to the left we can see, that the price has made a significant bullish move lately, and has bounced from a rather strong support line, that is indicated on the chart. Now the price is correcting the motive wave with a bearish wave. Inside this bearish wave, another correction is being formed in the bullish direction, creating a support line from which it creates higher highs and higher lows. We are waiting for the price to make a break out from this line in the bearish direction, and then a bearish move to the indicated support line.
Feel free to grab a copy of our Free Weekly Market Outlook here:
mailchi.mp/bc78576d6...eweeklymarketoutlook
For more content follow us on Instagram and Facebook:
https://www.instagram.com/_quantum_tech_/
https://www.facebook.com/quantumtechologies/
We wish you good luck with your trading!
Feel free to grab a copy of our Free Weekly Market Outlook here:
mailchi.mp/bc78576d6...eweeklymarketoutlook
For more content follow us on Instagram and Facebook:
https://www.instagram.com/_quantum_tech_/
https://www.facebook.com/quantumtechologies/
We wish you good luck with your trading!