Price could make a double top on a key resistance/pivot area.
We can see a well defined downtrend channel.
If price fails to break resistance, it should look to test the most proximate support; should such support break, a continuation to even lower support areas should occur.
The extension of a bearish impulse would lead to the inferior trendline of the channel.
Best of luck!
We can see a well defined downtrend channel.
If price fails to break resistance, it should look to test the most proximate support; should such support break, a continuation to even lower support areas should occur.
The extension of a bearish impulse would lead to the inferior trendline of the channel.
Best of luck!