D1 - Price has reached a strong resistance zone.
Bearish hidden divergence.
No signs of trend change.
H4 - Bearish trend pattern followed by potential double wave correction.
Bearish divergence.
Until the two key resistance zones hold my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this bearish view.
Bearish hidden divergence.
No signs of trend change.
H4 - Bearish trend pattern followed by potential double wave correction.
Bearish divergence.
Until the two key resistance zones hold my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this bearish view.