While the price is above the support 22.15, resumption of uptrend is expected.
We make sure when the resistance at 26.00 breaks.
If the support at 22.15 is broken, the short-term forecast -resumption of uptrend- will be invalid.
The taking shape and as a suggests we will soon see another leg lower if price breaks and closes below uptrend.
The resistance #1 at 56 is broken, so the probability of resumption of uptrend is increased.
A peak is formed in at 25.99 on 11/06/2020, so more losses to support(s) 23.05 and minimum to Major Support (22.15) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
( ) is 48.
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