D1 - Continuing bearish divergence.
Currently it looks like a correction is happening.
Price still has room lower towards the key support zone.
H4 - Bearish convergence.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks towards the key support zone.
Currently it looks like a correction is happening.
Price still has room lower towards the key support zone.
H4 - Bearish convergence.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks towards the key support zone.
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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.