Despite the price being in a LL zone, we believe the price will drop till the Trendline or the black line which is our main reversal zone
Why it will drop despite finding support on a LL zone? Because of the analysis made in a bigger time frame, we can see some indecision being formed and we believe that sellers will drive the price down
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.