-Daily Chart Explanation:
On Daily Timeframe, we observe that the bearish corrective structure resolved as expected, moving downwards. At this moment price is about to face the first Support Zone. It may bounce and correct a little here but we consider it is just a corrective movement to start another impulse. The main taraget is the Support Zone at 25.
On related ideas you can see how we predicted the beggining of the downside move!
-Weekly Timeframe:
On Daily Timeframe, we observe that the bearish corrective structure resolved as expected, moving downwards. At this moment price is about to face the first Support Zone. It may bounce and correct a little here but we consider it is just a corrective movement to start another impulse. The main taraget is the Support Zone at 25.
On related ideas you can see how we predicted the beggining of the downside move!
-Weekly Timeframe:
