Hi dear traders .
If we take a short look at monthly it is clear that price has already met a strong resistance level .so we expected the price to react ,and it seems that price on daily has just started a bearish movement .It broke down the daily structure and retested it .
But the target could be the neck line of that 'W' formation .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
If we take a short look at monthly it is clear that price has already met a strong resistance level .so we expected the price to react ,and it seems that price on daily has just started a bearish movement .It broke down the daily structure and retested it .
But the target could be the neck line of that 'W' formation .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
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