D1 - Price respected a strong resistance zone and is bouncing lower.
Bearish divergence.
Most recent uptrend line breakout.
H4 - Bearish convergence.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Bearish divergence.
Most recent uptrend line breakout.
H4 - Bearish convergence.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
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