The close of this 4h candle didn't quite give me the 3LC (lower low lower close) I was looking for - we might see another retest of that 13.00 resistance, in which case I will be again looking for bearish entry confirmation. If we were to close above that .383 fib level, TO THE MOON!!!1 Just joking, I'll be then watching out for a bullish rotation though :)
Nota
Looks like the market still can't decide what will be the next act of this story as we're consolidating a bit, but if we jump up to the daily timeframe however, we can clearly see that the flat bottom of 11.20ish has been tested a couple of times already and combined with the weakening slope of the price, to me that is yet another confirmation of a further downward movement - but first let's get out of that killzone (between the blue lines in my picture) and see what happens next!
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.