Trend analysis (Fig. 1).
On Tuesday, the price will try to continue moving down. To do this, it will have to overcome the recoil level of 23.6% - 1.3034 (blue dashed line), which is unlikely. From this level, an upper movement is possible.
Fig. 1 (daily schedule).
Comprehensive analysis:
- Indicator analysis - down;
- Fibonacci levels - down;
- Volumes - down;
- Candlestick analysis - up;
- Trend analysis - up;
- Bollinger lines - down;
- Weekly schedule - up.
General conclusion:
On Tuesday, the price will try to continue moving down. To do this, it will have to overcome the recoil level of 23.6% - 1.3034 (blue dashed line), which is unlikely. From this level, an upper movement is possible.
