D1 - Price is bouncing lower from a psychological level.
Multiple false breaks with bearish divergences.
Expecting short term bearish moves to happen here.
H1 - Bearish trend pattern.
Currently it looks like a correction is happening.
Bearish hidden divergence followed by bearish regular divergence.
Until the two strong resistance zones hold my view remains bearish here.
Multiple false breaks with bearish divergences.
Expecting short term bearish moves to happen here.
H1 - Bearish trend pattern.
Currently it looks like a correction is happening.
Bearish hidden divergence followed by bearish regular divergence.
Until the two strong resistance zones hold my view remains bearish here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.