4H CHART EXPLANATION:
๐ธ Price has reached the top of the Ascending Channel , and was rejected there.
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๐ธ We consider it has bearish potential.
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๐ธ The target of the downside move is the Support Zone .
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๐ธ We are waiting for the Ascending Trendline to be broken first.
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๐ธ In case the Support Zone is broken, then the target zone would be the Ascending Trendline of the Channel.
DAILY CHART ANALYSIS:
๐ธ Price has reached the top of the Ascending Channel , and was rejected there.
.
๐ธ We consider it has bearish potential.
.
๐ธ The target of the downside move is the Support Zone .
.
๐ธ We are waiting for the Ascending Trendline to be broken first.
.
๐ธ In case the Support Zone is broken, then the target zone would be the Ascending Trendline of the Channel.
DAILY CHART ANALYSIS: