Looking at the situation on the daily chart in conjunction with the hourly chart, we have a chance for some rebound from the recent declines.
During the hours, we formed a trading range with the features of accumulation with a confirmed yesterday’s break.
We currently have a return to TR in the support area marked on the chart.
The present time is waiting for some form of trigger to emerge showing the return of buyers in that area.
The emergence of a stop volume or the phenomenon of expenditure to result will give us reason to expect a continuation of the recovery from the current declines.
The first target is the beginning of today’s sale.