D1 - Price has reached a strong resistance zone formed by the psychological level 45 and 200 moving averages. Bearish divergence.
Until the strong resistance zone holds we may expect corrections to happen here.
Until the strong resistance zone holds we may expect corrections to happen here.
Note
The price moved lower exactly as I expected it to and provided an excellent move to the downside!
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.