D1 - Price has reached the top of the triangle.
H4 - Price has reached the top of the range, bearish divergence.
H1 - We have a critical zone that has formed based on the top of the range, triangle pattern and the fibo level of the cycle.
Price has reached this critical zone, we have bearish divergence.
We may now look for sells with more bearish evidences.
Invalidation: If the price moves higher and breaks above this critical zone with momentum, then this sell setup will be invalidated.
H4 - Price has reached the top of the range, bearish divergence.
H1 - We have a critical zone that has formed based on the top of the range, triangle pattern and the fibo level of the cycle.
Price has reached this critical zone, we have bearish divergence.
We may now look for sells with more bearish evidences.
Invalidation: If the price moves higher and breaks above this critical zone with momentum, then this sell setup will be invalidated.
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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.
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.