Considering the current conditions of the chart, we see that the price has approached the downward trend line, and in this area and in the 2-hour time frame, we are witnessing a negative hidden divergence.
Also, in a number of waves, Elliott waves have completed their three-step corrective wave
At this moment, the price has reached the middle line of Andooz channel and has returned
In terms of Price Action, it has reached a very high level of resistance in the past.
We expect the price to return well and even create a new floor.
Also, in a number of waves, Elliott waves have completed their three-step corrective wave
At this moment, the price has reached the middle line of Andooz channel and has returned
In terms of Price Action, it has reached a very high level of resistance in the past.
We expect the price to return well and even create a new floor.