Pice came down respecting the trend. Broke the trend with a strong bullish candle, price is currently bearish, but struggling to go down as it is reaching the support zone (creating a bullish falling wedge) . Will look for buy confirmation at support zone.
Looks like this has a chance to go down even more. Forming a nice ascending channel. Drew in some fibo as well. www.instagram.com
Looks like price may break to the downside for +- 15 pips before moving to the upside.
Looks like price may break to the downside for +- 15 pips before moving to the upside.