D1 - Price respected the strong resistance zone.
Price created a false break of the range.
Bearish divergence.
No signs of trend change.
H4 - Bearish convergence.
Currently it looks like a correction is happening.
Until both the strong resistance zones hold my short term view remains bearish here.
Price created a false break of the range.
Bearish divergence.
No signs of trend change.
H4 - Bearish convergence.
Currently it looks like a correction is happening.
Until both the strong resistance zones hold my short term view remains bearish here.