H4 - Price reached a resistance zone, bearish divergence.
We also have a critical zone that has formed and we may now expect the price to move lower towards this critical zone.
H1 - If the price moves lower, breaks and holds below the low shown in the chart (marked in pink), we may then consider this as an evidence of bearish pressure and then start looking for sells with more bearish evidences.
We also have a critical zone that has formed and we may now expect the price to move lower towards this critical zone.
H1 - If the price moves lower, breaks and holds below the low shown in the chart (marked in pink), we may then consider this as an evidence of bearish pressure and then start looking for sells with more bearish evidences.
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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.