Monthly Chart:
Pressure to go down.
Weekly Chart:
Going down pressure too. But need to be aware of the resistance round that zone.
Daily Chart:
Looks like consolidation between. Overall still bearish.
4-HR Chart:
The price action hit the resistance. If it does not break, it will go down.
1-HR Chart:
Conclusion:
Overall chart, the price action is bearish and looking forward for it to be bearish.
Need to time the entry and set a stop loss.
ROI need to be more than 1:2.
Pressure to go down.
Weekly Chart:
Going down pressure too. But need to be aware of the resistance round that zone.
Daily Chart:
Looks like consolidation between. Overall still bearish.
4-HR Chart:
The price action hit the resistance. If it does not break, it will go down.
1-HR Chart:
Conclusion:
Overall chart, the price action is bearish and looking forward for it to be bearish.
Need to time the entry and set a stop loss.
ROI need to be more than 1:2.