Major Trend is bearish
4Hr made a Lower Low
Confluence Zone (in purple) drawn by pendulum fork & Standard fork
4Hr created a Fractal Candle
4Hr created a Reversal Divergence in confluence zone
4Hr rejecting from Resistance & Confluence Zone
Above conditions signal a potential change in direction
Tp defined by Fib retracement main levels.
4Hr made a Lower Low
Confluence Zone (in purple) drawn by pendulum fork & Standard fork
4Hr created a Fractal Candle
4Hr created a Reversal Divergence in confluence zone
4Hr rejecting from Resistance & Confluence Zone
Above conditions signal a potential change in direction
Tp defined by Fib retracement main levels.
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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.