Monthly:
Weekly: -Price has been moving to the downside with very corrective structure.
-Double bottom.
-It also broke a resistance that now is acting as support
Daily: -Price broke the last LH of the daily structure.
-Daily S/D is being respected as support.
4H: -Price failed to make LLs and it create a HH.
-Structural trendline.
-Bullish M pattern forming.
-Price is rejecting a monthly demand zone. Weekly: -Price has been moving to the downside with very corrective structure.
-Double bottom.
-It also broke a resistance that now is acting as support
Daily: -Price broke the last LH of the daily structure.
-Daily S/D is being respected as support.
4H: -Price failed to make LLs and it create a HH.
-Structural trendline.
-Bullish M pattern forming.
Ordem cancelada