Right now at point C:
- C (blue zone) is 38.2% retracement.
- A doji formed (1H)
- Price broke out of the triangle at point C to the downside and now heading towards D, retested the breakout. (5M chart)
- A retest on C zone (15M). Formed almost equally high, but RSI is showing divergence.
Will price come into the PRZ at point D?
- C (blue zone) is 38.2% retracement.
- A doji formed (1H)
- Price broke out of the triangle at point C to the downside and now heading towards D, retested the breakout. (5M chart)
- A retest on C zone (15M). Formed almost equally high, but RSI is showing divergence.
Will price come into the PRZ at point D?