in my opinion, 2 scenarios
bear scenario: if we break the support, we see the 2 targets in red
bulls scenario: maybe we are in a sideways movement but if we break the resistance then we might see the target in green
but since RSI still has room to go down and I think macd will make another leg down, but there is also a medium bullish divergence.
bear scenario: if we break the support, we see the 2 targets in red
bulls scenario: maybe we are in a sideways movement but if we break the resistance then we might see the target in green
but since RSI still has room to go down and I think macd will make another leg down, but there is also a medium bullish divergence.
Comment:
what is next? up or down?
Trade closed: target reached