The lifts of the shoulder have not been fully consumed in the previous uptrend!
There are no higher ceilings and most importantly we lost an important price floor in the monthly time frame, should we consider this month's positive candle as a return candle?
I think it could have a bearish trend over the $ 12.24 price range, of course, because the previous floors have been preserved, I have my own bearish view to the first specified range!
There are no higher ceilings and most importantly we lost an important price floor in the monthly time frame, should we consider this month's positive candle as a return candle?
I think it could have a bearish trend over the $ 12.24 price range, of course, because the previous floors have been preserved, I have my own bearish view to the first specified range!
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See how beautifully the price has moved according to the drawn scenario!
We must believe in Price Action
We must believe in Price Action
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