Hi guys, in the daily chart we saw the triangle was broken from the bottom side and the probability of falling in price increased.
On the other hand, the chart has diverged a lot and this was another sign of a change in the direction of the market.
But now the price hit the EMA 20 and was able to prevent further decline. However, in my opinion, according to the chart, the price is likely to fall to the range of ME 50 and even 100. Otherwise, the price will continue to test 2K in the blue channel.
On the other hand, the chart has diverged a lot and this was another sign of a change in the direction of the market.
But now the price hit the EMA 20 and was able to prevent further decline. However, in my opinion, according to the chart, the price is likely to fall to the range of ME 50 and even 100. Otherwise, the price will continue to test 2K in the blue channel.