D1 - Price is moving inside a bearish flag and is holding below the downtrend line, potential bearish hidden divergence.
H4- We have two critical zones that has formed based on the fibo levels of the cycles, the top of the daily bearish flag pattern and the daily downtrend line.
Price has currently reached the first critical zone, bearish divergence. Until this critical zone holds may expect bearish moves.
Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences would be the second critical zone.
Invalidation: If the price moves higher and breaks above the daily downtrend line then this sell idea would be invalidated.
H4- We have two critical zones that has formed based on the fibo levels of the cycles, the top of the daily bearish flag pattern and the daily downtrend line.
Price has currently reached the first critical zone, bearish divergence. Until this critical zone holds may expect bearish moves.
Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences would be the second critical zone.
Invalidation: If the price moves higher and breaks above the daily downtrend line then this sell idea would be invalidated.