🔸DAILY CHART EXPLANATION:
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🔸Price has been moving on a range since August.
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🔸At this moment it is facing the Support Zone.
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🔸We have two possible scenarios here. The bullish one, where we expect a move towards the Resistance Zone, and the bearish one, where we expect a breakout of the Support Zone and a downside move towards the next Support.
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🔸None of the setups is ready yet, since we are waiting for some confirmations on a lower timeframe.
.
.
🔸Price has been moving on a range since August.
.
🔸At this moment it is facing the Support Zone.
.
🔸We have two possible scenarios here. The bullish one, where we expect a move towards the Resistance Zone, and the bearish one, where we expect a breakout of the Support Zone and a downside move towards the next Support.
.
🔸None of the setups is ready yet, since we are waiting for some confirmations on a lower timeframe.