As we can see, we have broken through the Upward Micro Channel, represented by the blue lines, raising the risk for a long here as we enter a somewhat untested price zone inside the yellow box. This combined with declining volume suggest a possible retest of our previous support zone, $9,393.
Yorum:
This chart had invalid macro-macro trend lines which impacted the macro and micro. We are still within the Micro upward trend.