On D1, the cloud is directing downward, indicating a price correction, and price found support at the 50% Fibonacci level.
On H4, the price fluctuates around the cloud, which indicates the formation of a local price correction.
In addition, a divergence has formed on H4 between the price and the RSI, which indicates a possible end of the price correction on D1.
We recommend buying from the level of 12-11 (when RSI will reached overbought level on H4).
On H4, the price fluctuates around the cloud, which indicates the formation of a local price correction.
In addition, a divergence has formed on H4 between the price and the RSI, which indicates a possible end of the price correction on D1.
We recommend buying from the level of 12-11 (when RSI will reached overbought level on H4).
