H4 - Price respected a key resistance zone and is bouncing lower.
Bearish hidden divergence followed by continuing divergence.
Most recent uptrend line breakout
H1 - Bearish convergence
Currently it looks like a correction is happening.
Until the key resistance zone holds my short term view remains bearish here.
Bearish hidden divergence followed by continuing divergence.
Most recent uptrend line breakout
H1 - Bearish convergence
Currently it looks like a correction is happening.
Until the key resistance zone holds my short term view remains bearish here.