$SANTOS Continuation of technical analysis.
Remember, 4 days ago I told you not to rush to buy at $2.5, because we will still see $2.2?
Well, this is relevant. Perhaps we will see below $2.2.
- The price moved in a narrowing triangle for 3 days.
- Yesterday, it went down beyond its limits.
- There was also a breakdown of the nearest structure.
- The lower border of the triangle became resistance.
Resistance above, and Order Block below.
In the near future, we will see $2.2 - $2.0.
