Bassed of a 4 hour chart price has been making higher highs and lower highs but price came to daily leavel of RES
and was not able to make any more bullish movement and was unable to make a higher high and also unable to make a lower high
so therefore i believe the bullish momentum will now turn to downside momentum
Also trading the break of trendline
and was not able to make any more bullish movement and was unable to make a higher high and also unable to make a lower high
so therefore i believe the bullish momentum will now turn to downside momentum
Also trading the break of trendline
Have a nice weekend :)