This has not bottomed yet, broke down from big support!
Weekly shows we might see a channel support end of the year. Possibly with bullish divergence.
The high of month May is still not violated and we are near violating the low of April. Current monthly candle shows more selling pressure than buying pressure.
For me I stay neutral, slightly more bearish than bullish, but waiting to see breakout to enter the trade at retrace.
Good luck friends!
The high of month May is still not violated and we are near violating the low of April. Current monthly candle shows more selling pressure than buying pressure.
For me I stay neutral, slightly more bearish than bullish, but waiting to see breakout to enter the trade at retrace.
Good luck friends!
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