D1 - Price reached the downtrend line, if we didn’t get a valid breakout here, we may then expect the price to respect this trend line and move lower again.
H1 - We have a critical zone that has formed based on the cycles and the downtrend line.
Price has currently reached this zone, we may now look for possible sell setups in order to join the bears.
H1 - We have a critical zone that has formed based on the cycles and the downtrend line.
Price has currently reached this zone, we may now look for possible sell setups in order to join the bears.
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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.