Price has been printing lower highs and lower lows for some time now
As you can see, the price is currently consolidating on the overlap support zone which the price seemed to have been rejected multiple times in the past
I believe a rejection from this level could lead the price to rise towards the descending trendline resistance.
As you can see, the price is currently consolidating on the overlap support zone which the price seemed to have been rejected multiple times in the past
I believe a rejection from this level could lead the price to rise towards the descending trendline resistance.