The price is under the influence of bearish wedge. There were some attempts to go through, but nothing successful. We just have caught liquidity.
Over the top of the wedge we have a resistance zone, I marked it in red and named MS. If the price can break it, so the possibility to go to the middle of the grey channel will increase.
Otherwise, the wedge will drop the price to the last support zones (1B, 2B, 3B, 4B).
Over the top of the wedge we have a resistance zone, I marked it in red and named MS. If the price can break it, so the possibility to go to the middle of the grey channel will increase.
Otherwise, the wedge will drop the price to the last support zones (1B, 2B, 3B, 4B).