Bulls are pathetic, the support level 4460 acts as resistance right now, and the first attempt from bulls were rejected totally by bears (plus the rsi touched the resistance level in the meantime) .
To me there might be a weak second attempt to 4400-4420 before we see the downtrend continues. But instead of flush crash we can expect a gradual fade towards downside.
I see little willingness to push the price higher unless we see the breakout from the falling wedge with volume.
Yorum:
looks like i am right here. my primary target is 4250
Forex & Crypto day trader