in the 15M time frame the pattern is look like an ABC correction and we have divergence between A and C and i think we can make short position and then we can enter to buy position in the excepted C which i think it is stronger that short
as you can see we are near support area and we have long time divergence which may cause increase the volume in the market and increase the price I think we could enter to low risk long position. it's better to break at least a last swing in lower time frame.
According to my last idea https://www.tradingview.com/v/47ctCsMF/ it seems we can have opportunity to enter to the short position but acceleration of increasing price is much faster , I'll be waiting to see if divergence in rsi and macd change the behavior of the price.
it seems we are in a major wave4 and in a HORIZONTAL TRIANGLE.
They appear to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility.
There is a mistake indicating a position that I'd like to show, I mean short not long.. :)