Price is still bearish IMO and I still stand by my original analysis BUT I have seen that we reached an area of support (which was once resistance) that price has reached and bounced off of.
I believe price will now come down and breakthrough this level and go to its next highlighted level of support.
I am basing this analysis off of divergence and previous price action.
I believe price will now come down and breakthrough this level and go to its next highlighted level of support.
I am basing this analysis off of divergence and previous price action.
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.
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.