Bearish base trendline indicating major resistance at 6900-7000 area.
Confirmed by the lower span on the Ichimoku cloud along with the 50 SMA all on the 4 HR.
Needing a close above the 7200 area to potentially break the macro down trend.
Confirmed by the lower span on the Ichimoku cloud along with the 50 SMA all on the 4 HR.
Needing a close above the 7200 area to potentially break the macro down trend.