At D1, the cloud is directing downward, indicating a downtrend.
Besides, the cloud is directed downward at H4, which also indicates a downtrend.
On H4 and H1, the correction model in the form of a triangle is visually well visible.
We recommend selling on the breakdown of the downward correction model boundaries, or in case of false growth to the level of 250...
H4
On D1, the price fluctuates around the cloud. The triangle model of correction is visually clearly visible.
Conclusion:
Locally, we recommend selling when the RSI reaches an oversold level on the H4 and when the price will reach to the Fibonacci level of 36.8% and 23.6%.
H1
At H4, the cloud is directing upward, indicating an uptrend. At H1, the cloud is...
