ASXA new day .. new analysis .. right?
Today we look at ASX, which is in the Australian market index.
Price was moving inside his trading range, but recently, there has been a strong candle in the downward movement.
Look how easily the price is coming down but going up takes some time.
Now the price broke the support, but we are in the sold area in RSI .. so the price has to come up and acquire more liquidity and then continue going down. Here is what we can expect.
PS - price choose the second scenario, and now we are waiting for the signal to enter sell positions ..leave your thoughts and comments and let's see your opinion.
