Price dropped after leaving an area of equal highs just below the 4h supply zone where we were looking forward to shorting from but price missed it shortly. MACD is showing bearish weakness, RSI is oversold and EMAs are bearish. I expect price to move up towards the 12h supply at $1.2 before moving down again towards the 8h demand at $0.9. Waiting for confirmation.
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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.