Dear All,
Please watch the negative divergence developing on Hourly time frames.
Readers may recollect the positive divergence since March that lead to a rally. Now a negative divergence can lead to a correction . A break below the ascending channel and a failed retest can resume the downtrend
Please watch the negative divergence developing on Hourly time frames.
Readers may recollect the positive divergence since March that lead to a rally. Now a negative divergence can lead to a correction . A break below the ascending channel and a failed retest can resume the downtrend
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.
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.