H4 - Bearish convergence. we may now look for pullbacks and sells.
H1 - Bearish hidden divergence forming.
We may now expect one more push higher from the current zone towards the critical zone, we may then start looking for sells with bearish evidences
Invalidation: This sell setup is valid until the high (marked in red line) shown in the chart holds.
H1 - Bearish hidden divergence forming.
We may now expect one more push higher from the current zone towards the critical zone, we may then start looking for sells with bearish evidences
Invalidation: This sell setup is valid until the high (marked in red line) shown in the chart holds.
Note
Update: The price moved higher and broke above the critical zone, thus invalidating this sell setup.
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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.