Dear Traders,
Hope you are doing great, price mitigated earlier than what we had planned, now it currently trading at around the bearish trendline, although, price has rejected twice at the trendline. We still expect price to breakthrough and continue the bullish momentum towards $4500. Many things to notice here if price do not breakthrough and decide to drop further then it will like to drop below previous low which will directly take out the sell side liquidity. We need to monitor the price as it progress, if it does breakthrough the region then we will have a strong chance of buying swing.
Team Setupsfx_