On the daily timeframe we can see price facing some resistance.
-38.2 retracement
-horizontal structure resistance
-EMA34,50,90 confluence
and we have hidden bearish divergent as the sign of continuation.
based on this reason we can expect price to drop again.
entry strategy on H1 we can see price squeezing and we have regular divergent for reversal from minor trend.
-38.2 retracement
-horizontal structure resistance
-EMA34,50,90 confluence
and we have hidden bearish divergent as the sign of continuation.
based on this reason we can expect price to drop again.
entry strategy on H1 we can see price squeezing and we have regular divergent for reversal from minor trend.
Trade active
Note
Fall is starting ?Let's see
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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.
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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.