AMOC timeframe: 1 hour Prices continue to rise, forming a higher top than the previous one,
but MACD shows a negative divergence.
RSI indicates bearish dominance despite the price increase.
High volume with a gap, unsupported by other indicators, suggests possible distribution.
Stop loss (profit-saving) at 7.62.
This is not financial advice, just our analysis based on chart data. Consult your account manager before investing.
Thanks and good luck!
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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.