this analysis is just my case study on the market movement.
with the analysis on the weekly market. i think the trend downtrend.i i look go find the opportunity to go short.
the reason i say the weekly trend is downtrend is because of the price fail to find its higher high...and i think it is finding the lower low no on the weekly chart.
in the daily chart.i think the price will make the retracement before continue to go down.bcoz i see the price is extremely oversold.and shows some reversal on the candlestick.
just my analysis to study.
anyone can comment.
thanks!!
with the analysis on the weekly market. i think the trend downtrend.i i look go find the opportunity to go short.
the reason i say the weekly trend is downtrend is because of the price fail to find its higher high...and i think it is finding the lower low no on the weekly chart.
in the daily chart.i think the price will make the retracement before continue to go down.bcoz i see the price is extremely oversold.and shows some reversal on the candlestick.
just my analysis to study.
anyone can comment.
thanks!!
