Hello Traders,
We could see the current price is consolidated within the ranges.
However, to see the bearish movement solid after breaks the trendline. we need to wait until the price closed below zones highlighted and respect it as new solid resistance or supply zones by seeing the potential evidence of buyers off.
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!
We could see the current price is consolidated within the ranges.
However, to see the bearish movement solid after breaks the trendline. we need to wait until the price closed below zones highlighted and respect it as new solid resistance or supply zones by seeing the potential evidence of buyers off.
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!
