H1 : Last candle triggered a doji pattern, coupled with a bearish divergence and
a potential double top formation in progress (trigger level @ 34400 !)
Therefore, it is likely to see a downside move, targeting at least MBB g 34764
ahead of the 34500 area
Watch intermediate price action on M15 for confirmation of the expected above mentioned
price action.
a potential double top formation in progress (trigger level @ 34400 !)
Therefore, it is likely to see a downside move, targeting at least MBB g 34764
ahead of the 34500 area
Watch intermediate price action on M15 for confirmation of the expected above mentioned
price action.
Note
Expected pattern invalidated ! ( see update reassessment on due course)
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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.