So price has been in an ascending channel on the 4h timeframe since the 26th of March and the trend has been gradually reversing as you can see we’ve been getting higher highs and lower lows but as the channel ascended even more these highs and lows have been inconsistent and we are now seeing lower lows and lower highs this is an indication of a changing trend and my analysis shows me that we could be seeing a 300 pip move downwards into the mid long term. Don’t miss out.
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