Has approached the resistance of previous channel twice and has been rejected from the previous order block also. Open ended downturn for now. Can go to previous lows below 3 with this turn.
Trade active
After the roll over, price should drop again from 3.8 to 3.3 atleast as shoulder at 3.8 will keep being a stiff resistance for this 2-3 months till the winter arrives.
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Disclaimer
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.