Daily Trend is down.
Price didn't make a LL but made a HH creating a CHoCH.
I'm expecting price to come back to the OB, if it doesn't go much below the OB then I expect it to go up.
I also have a strong Trend Line on the Weekly from where it could bounce for a run up or break through for a run down.
Price didn't make a LL but made a HH creating a CHoCH.
I'm expecting price to come back to the OB, if it doesn't go much below the OB then I expect it to go up.
I also have a strong Trend Line on the Weekly from where it could bounce for a run up or break through for a run down.