Price has been in consolidation stage ,we anticipate that if price break our up sloping support trendline price would likely to have further rally to the downside
Price broke our bullish flag pattern on monthly,Price also made a retest on monthly timeframe we’ll look for entry as we go to smaller time frame
Price closed below the bearish pennant on daily,second confirmation of the further compounding argument to the downside.
Rejected with wicks on weekly time frame.trade plan is wasn’t respective
price have been trading through a rectangle channel,now price has made a bearish pennant pattern.We Sell at the current price because the price rejected our moving average 2times inline with our down sloping trendline
Price must close above the downward sloping resistance to execute our position
Price broke the weekly support and it closed below the support on daily time frame this gives us a sell idea
Price has been consolidating since 5Apr’21 and this gives a strong support and resistance,now we await for the price to break into downside or upside to confirm our market direction