So for this setup, this is as confident as I get.
Bearish Chuvashov fork developing with clear bearish 4H RSI divergence to support it.
Once I get the confirmation - fork line break and (bounce / close below ), I would expect price to retrace back to the trendline at minimum (21k).
Bearish Chuvashov fork developing with clear bearish 4H RSI divergence to support it.
Once I get the confirmation - fork line break and (bounce / close below ), I would expect price to retrace back to the trendline at minimum (21k).
Trade closed: target reached
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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.