W1 - Price reached the downtrend line, if we didn’t get a valid breakout here we may then expect the price to respect this trend line again and move lower.
We have a good resistance zone and potential hidden bearish divergence forming.
H4 - We may now expect one more push higher from the current zone towards the critical zone, we may then start looking for sells with bearish evidences.
Potential bearish divergence forming at the moment.
We have a good resistance zone and potential hidden bearish divergence forming.
H4 - We may now expect one more push higher from the current zone towards the critical zone, we may then start looking for sells with bearish evidences.
Potential bearish divergence forming at the moment.