Expecting price preparing to sell off.
- I believe price will ultimately attempt another minor bullish push and meet resistance at the supply zone (shaded blue area).
- A bearish divergence is currently present, however, I believe it will be confirmed after the failed bullish push.
- Looking to short from the supply zone to the 4H zone (pink shaded area)
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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.