noted bearish Div. on the current swing. paying close attention to reaction on the two resistance levels above.
1560 is first TP should we reverse and start a downtrend.
1560 is first TP should we reverse and start a downtrend.
Note
Alternate Scenario: Head and Shoulders pattern.in the event of a break and re-test of the neckline on the 4H. Will provide a good long entry TP @ $1790-$1800
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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.