H1 : Rising wedge formation confirmed by a downside breakout followed by a pullback failure.
Clouds support are currently under attack and a failure to recover above it would add further conviction
for an ongoing downside move towards the rising wedge target, which is 53067.
Watch M15 for intermediate validation or invalidation of this expected bearish scenario
Clouds support are currently under attack and a failure to recover above it would add further conviction
for an ongoing downside move towards the rising wedge target, which is 53067.
Watch M15 for intermediate validation or invalidation of this expected bearish scenario
New analysis will follow soon