🔸WEEKLY CHART EXPLANATION: . . 🔸Price bounced at the Confluence Zone between the Ascending Channel and the Resistance Zone. . 🔸It did a strong downside move breaking the Support Zone (now Resistance Zone). . 🔸It has retested the zone again and we observe that was a strong rejection there. We consider that it has potential to reach the Ascending Trendline . 🔸 Will look for a lower timeframe bearish setup.
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