D1 - Price has reached a strong resistance zone.
Bearish hidden divergence.
No signs of trend change.
H4 - Bearish trend pattern followed by potential double wave correction.
Bearish divergence.
Until the two key resistance zones hold my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this bearish view.
Bearish hidden divergence.
No signs of trend change.
H4 - Bearish trend pattern followed by potential double wave correction.
Bearish divergence.
Until the two key resistance zones hold my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this bearish view.
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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.