W1 - Price has reached a key resistance zone.
Bearish divergence.
H4 - Bearish divergence.
Until the key resistance zone holds 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 divergence.
H4 - Bearish divergence.
Until the key resistance zone holds 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.