The market has been cascading since last week and fulfilling all our analyses. On the weekly timeframe, we see that the market closed with a long BEARISH candle and broke the upward trendline with a full candle body. This week, it has opened with a BULLISH candle indicating that there will be some market manipulation and retracement generally.
However, there is almost a certainty of trend continuation to the downside.
NB: This is not a financial advice. Use wise risk management.
As usual, if you found this content valuable, please feel free to drop a boost and your opinion in the comment section.
Wish you all a fruitful and profitable week.
However, there is almost a certainty of trend continuation to the downside.
NB: This is not a financial advice. Use wise risk management.
As usual, if you found this content valuable, please feel free to drop a boost and your opinion in the comment section.
Wish you all a fruitful and profitable week.