Good day great traders hope you all doing phonemical
Here's One setup about to occur
Weekly is bearish we made a new low last week Friday first new lower low point since 2008 march
Daily we rejected the 13100-price level resistance more so not pushing up as aggressively+ lack of momentum
H4/H1 has been correctively moving down however ranging between weekly structure levels not creating any new major highs in the process
Which leaves room for us to trade the lower timeframes so the analysis now is as follows we expecting a h1 down warding trendline creating a lower high now we expect the market to break past the 13000-price level and go for the 12800 level let's see what happens
God bless feel free to positively comment
Here's One setup about to occur
Weekly is bearish we made a new low last week Friday first new lower low point since 2008 march
Daily we rejected the 13100-price level resistance more so not pushing up as aggressively+ lack of momentum
H4/H1 has been correctively moving down however ranging between weekly structure levels not creating any new major highs in the process
Which leaves room for us to trade the lower timeframes so the analysis now is as follows we expecting a h1 down warding trendline creating a lower high now we expect the market to break past the 13000-price level and go for the 12800 level let's see what happens
God bless feel free to positively comment