D1 - Bullish trend pattern completed.
Currently, it looks like a correction is happening.
Price still has room lower towards the strong support zone.
H4 - Price has reached a strong resistance zone. Bearish hidden divergence.
Until the downtrend line holds I expect the price to continue lower further.
Currently, it looks like a correction is happening.
Price still has room lower towards the strong support zone.
H4 - Price has reached a strong resistance zone. Bearish hidden divergence.
Until the downtrend line holds I expect the price to continue lower further.
Nota
The price action followed my analysis and moved lower from the strong resistance zone, delivering an excellent move to the downside!
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.