False breakout occurred after reaching supply zone at level 1.9758
and confirmed by bearish engulfing candlestick pattern
RSI shows negative divergence
MACD shows starting of bearish momentum
It's expected for coming strong bearish wave to target demand zone near HVN at level 1.9255
and confirmed by bearish engulfing candlestick pattern
RSI shows negative divergence
MACD shows starting of bearish momentum
It's expected for coming strong bearish wave to target demand zone near HVN at level 1.9255
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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.