Price is at a key area of resistance on the daily chart with price being in a downtrend this is a nice area where a lower high could potentially form opening to the door to a nice move down to form a lower low.
Alternatively we could see price spike these highs to run the stops set above the highs and spike up to a supply zone near 8500/9000 areas. If this happened the weekly down trend would still be intact and not much would have changed for me long term.
Alternatively we could see price spike these highs to run the stops set above the highs and spike up to a supply zone near 8500/9000 areas. If this happened the weekly down trend would still be intact and not much would have changed for me long term.
