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.
Note
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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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.