Divergence with a current oscillator confirms possible reversal, what gives support to momentum traders, and can possibly give a momentum to the price movement.
Price is currently at 76.4% area (Filtered to 1H timeframe)
in a relation to previous swing Down
Due to current price position (intraday - independant view) I will look for PA patterns to begin with a limit order at 132.00
"This is a short term analysis based on a 1H chart, I’m trying to post it after I see something interesting, or when I want to review the situation, I’m doing it for my own trading, and I have decided to USE TV as my main analysis platform, as I’m able to access it anywhere. Any questions are welcome. Your Likes are much appreciated."