New forecast
The market broke out of the range zone after resistance rejected the price. The price is testing at the resistance that was respected before. On the 1H timeframe price broke the channel, then pulled back to it and it's testing the resistance and border of the channel. I think the market might go down to test support from resistance if price makes signal confirmation like a fake break or double top. My goal is the support level at 1761
The market broke out of the range zone after resistance rejected the price. The price is testing at the resistance that was respected before. On the 1H timeframe price broke the channel, then pulled back to it and it's testing the resistance and border of the channel. I think the market might go down to test support from resistance if price makes signal confirmation like a fake break or double top. My goal is the support level at 1761