D1 - Price is nearing the top of the channel. We have a critical zone that coincides with the top of this channel.
We may now expect the price to move higher and reach this critical zone with bearish divergence to form.
H4 - Multiple false breaks with bearish divergence.
Everything looks good here for the bears, we may now look for more bearish evidences in order to start looking for sells.
We may now expect the price to move higher and reach this critical zone with bearish divergence to form.
H4 - Multiple false breaks with bearish divergence.
Everything looks good here for the bears, we may now look for more bearish evidences in order to start looking for sells.
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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.