D1 - Price is holding below the psychological level 320, continuing bearish divergence.
Price is moving on the upper band of the Bollinger Bands for more than 20 candles.
Note: If you want to learn in detail about Bollinger Bands then check out my blog and youtube channel.
H4 - Triple wave to the upside, the price has reached the key resistance zone formed by the 161.8% (315.29) fibonacci expansion level of the first wave, 100% (325.10) fibonacci expansion level of the second wave, and the psychological level 320. Bearish divergence.
H1 - If we get a valid breakout below the uptrend line shown in the chart, we may then expect further continuation lower in the short term.
Price is moving on the upper band of the Bollinger Bands for more than 20 candles.
Note: If you want to learn in detail about Bollinger Bands then check out my blog and youtube channel.
H4 - Triple wave to the upside, the price has reached the key resistance zone formed by the 161.8% (315.29) fibonacci expansion level of the first wave, 100% (325.10) fibonacci expansion level of the second wave, and the psychological level 320. Bearish divergence.
H1 - If we get a valid breakout below the uptrend line shown in the chart, we may then expect further continuation lower in the short term.