D1 - Price is holding below the dynamic resistance.
H4 - Price is holding in a key resistance zone formed by the 161.8% of the first wave and the 61.8% of the second wave.
Bearish divergence.
Until this key resistance zone holds my short term view remains bearish here.
H4 - Price is holding in a key resistance zone formed by the 161.8% of the first wave and the 61.8% of the second wave.
Bearish divergence.
Until this key resistance zone holds my short term view remains bearish here.
Note
The short term bearish move happened exactly as per my plan!
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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.