Price has made to the point where possible reversal can happen
We have regular divergence but hidden divergence also which means the continuation of the trend to some time
whereas EW point 5 and Redline are weekly and monthly resistance zone from where we can except the possible reversal.
Go to the 1H TF and wait for break and restest of the trend line for SHORT ENTRY
please share your thoughts if you like the idea.
We have regular divergence but hidden divergence also which means the continuation of the trend to some time
whereas EW point 5 and Redline are weekly and monthly resistance zone from where we can except the possible reversal.
Go to the 1H TF and wait for break and restest of the trend line for SHORT ENTRY
please share your thoughts if you like the idea.
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.