I would say about the daily is obviously bearish but we could see a bounce if only we break the 7600 resistance that you can see on my chart, if we do break that I think we could go up to the yellow 21 ema and get rejected off it at 7930.
I'm saying this because of the fresh cross on the stochastic and that's usually a sign of a bounce because of how low the stoch went
Leave a like and drop a follow to support me. thanks.
Note
looking at the 3h the stochastic has a fresh cross down so we could go down a bit more.
Note
meanwhile all the short time frames like the 15,30,45 min are crossed up on the stoch so we could see a potential move up.
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