🔸 WEEKLY CHART EXPLANATION:
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🔸 Price made a bullish move the last weeks.
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🔸 Now, it is facing the broken Ascending Trendline.
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🔸 We consider that it has potential to be rejected here, and make a downside move towards the Support Zone.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
.
.
🔸 Price made a bullish move the last weeks.
.
🔸 Now, it is facing the broken Ascending Trendline.
.
🔸 We consider that it has potential to be rejected here, and make a downside move towards the Support Zone.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS: