Currently, we do not have a signal to continue the downward trend, on the contrary, the lower ranges have been maintained and provided that the corrective trend does not fall below the price range of $3.92.
There is a high probability that the increasing trend will continue up to the specified area.
For us, the best point to enter the trade is the yellow zone ($4.9053).
But in the chart of the lower time frames at the end of the downtrend, a head and shoulder pattern has been created.
This part depends on your risk-taking.
We would be happy to hear your comments
There is a high probability that the increasing trend will continue up to the specified area.
For us, the best point to enter the trade is the yellow zone ($4.9053).
But in the chart of the lower time frames at the end of the downtrend, a head and shoulder pattern has been created.
This part depends on your risk-taking.
We would be happy to hear your comments
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