Trend: Bearish
Structure: Trend analysis / Support and Resistance
Plan: We have two potential trades here.
1. The blue trend line along with an upper resistance level
2. The red trend line along with an upper resistance level
Both trades have potential but note that the upper trend line has been ongoing for a longer period hence may be slightly stronger
Structure: Trend analysis / Support and Resistance
Plan: We have two potential trades here.
1. The blue trend line along with an upper resistance level
2. The red trend line along with an upper resistance level
Both trades have potential but note that the upper trend line has been ongoing for a longer period hence may be slightly stronger