Price currently resistance area and maybe will have some rejection from this level.
Price also start to make LH and LL as an early indication of a trend change.
For the RSI, we can see that it has broken below level 50 and during an uptrend it has never been broken below level 50.
And this could be a sign of a decline.
However, we still have to respect the decision zone because we will focus more on price action.
this level will probably be the last barrier.
If this zone is successfully broken, we can sell.
Price also start to make LH and LL as an early indication of a trend change.
For the RSI, we can see that it has broken below level 50 and during an uptrend it has never been broken below level 50.
And this could be a sign of a decline.
However, we still have to respect the decision zone because we will focus more on price action.
this level will probably be the last barrier.
If this zone is successfully broken, we can sell.
Заметка
price moving slowly and still cannot break decision zone.it may retest the top once again
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.