Price has touched resistance on the daily timeframe and failed to break through to the upside. Price is expected to drop again and continue the descending pattern that has been in play for the majority of the year now. on the 4 hour timeframe we can also see a head and shoulders pattern which further enforces an expected move to the downside. If price breaks...
Price is currently at bottom of an ascending trendline. Price has failed to break the support and has touched off the trendline for the third time. Price is expected to continue to move to the upside to previous resistance level.