Based on my analysis:
I think we are seeing an archer's move. He is from the bull's realm, and to throw is arrow up high he first needs to go the opposite's way . So going a bit down first. So this archer tends his bow, that's the reason of this coming bearish move.
It won't be a deep falling, it's just the bullish gang that is preparing its powerfull up move. So to go up, it needs to go a bit down (the bow way).
The down move should be fully validated in 2 ticks (check the confirmation2 of my graph). so a real down move is to be confirmed around 19:00 gmt+0 on July 10th
Check also the horizontal lines I've drawn, they are important in this down move.
Don't take my words for granted, trade, analyze, trade, ....
I think we are seeing an archer's move. He is from the bull's realm, and to throw is arrow up high he first needs to go the opposite's way . So going a bit down first. So this archer tends his bow, that's the reason of this coming bearish move.
It won't be a deep falling, it's just the bullish gang that is preparing its powerfull up move. So to go up, it needs to go a bit down (the bow way).
The down move should be fully validated in 2 ticks (check the confirmation2 of my graph). so a real down move is to be confirmed around 19:00 gmt+0 on July 10th
Check also the horizontal lines I've drawn, they are important in this down move.
Don't take my words for granted, trade, analyze, trade, ....
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.