D1 - After the strong bullish move currently it looks like a correction is happening.
We have the first leg down followed by a correction.
Expecting the price to create the second leg to the downside.
H4 - After the strong bearish move currently it looks like a correction is happening in the form of a range.
Until the key resistance zone holds my view remains bearish here.
If the price breaks and holds below the bottom of this range we may then consider it as a validation for the bearish view and may expect the price to continue lower further.
We have the first leg down followed by a correction.
Expecting the price to create the second leg to the downside.
H4 - After the strong bearish move currently it looks like a correction is happening in the form of a range.
Until the key resistance zone holds my view remains bearish here.
If the price breaks and holds below the bottom of this range we may then consider it as a validation for the bearish view and may expect the price to continue lower further.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.