4H Chart Explanation: "What happened?"
- Price broke the Descending Trendline.
- It started its up move after bouncing on the Support Zone .
- There was a Bearish Divergence on MACD .
- Price reached our target on the Resistance Zone first. After that, it faced a correction towards the Support Zone .
Now, we are waiting to see a new clear setup. Updates coming soon!
Weekly Vision:
Daily Vision:
- Price broke the Descending Trendline.
- It started its up move after bouncing on the Support Zone .
- There was a Bearish Divergence on MACD .
- Price reached our target on the Resistance Zone first. After that, it faced a correction towards the Support Zone .
Now, we are waiting to see a new clear setup. Updates coming soon!
Weekly Vision:
Daily Vision:
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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.
Related publications
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.