Hello traders,
Here on H4, we can see a bullish divergence on MACD that will provide us a possible up move for the price. We can see also that the divergence end in a double bottom, but the big trend is a down one so we can expect a correction in levels 50 and 61.8 at fibo and look for a sell scenario.
Here on H4, we can see a bullish divergence on MACD that will provide us a possible up move for the price. We can see also that the divergence end in a double bottom, but the big trend is a down one so we can expect a correction in levels 50 and 61.8 at fibo and look for a sell scenario.