The price is moving in a downward channel and is near the lower boundary of the channel and the support level.
We just formed a hammer, but it needs confirmation in the form of a green candle.
From the current price I expect a retest of the upper border of the channel.
We just formed a hammer, but it needs confirmation in the form of a green candle.
From the current price I expect a retest of the upper border of the channel.