H1 - Bearish trend pattern followed by a double wave correction.
Price respected the strong resistance zone and is bouncing lower.
Bearish hidden divergence.
Until the strong resistance zone holds my view remains bearish here.
Price respected the strong resistance zone and is bouncing lower.
Bearish hidden divergence.
Until the strong resistance zone holds my view remains bearish here.
Note
The price respected the strong resistance zone and moved lower as per my plan, delivering an excellent move to the downside!
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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.