Roller Coaster ride Continues Down

Morning Dynamics Traders!!

Yesterday I finished my update asking 2 questions, which I will answer now! Price did manage to break through the resistance line on the hour chart, but 2 hours later price dropped below again and the MACD made us aware of this with slight divergence.
It is still too early to see whether price will use the support line on the daily chart as a spring board or not, so we will have to wait a couple more days to see what happens next.

Have a great weekend

Happy Trading

Richard Monnery