This market has reached an extreme high not seen since '07. A quick view of this on the Monthly show price eventually dropped 5000 pips. There is a bearish harami pattern forming on the weekly, on the daily a massive bearish engulfing candle has printed.RSI showing divergence on 4hr. There is noticable daily and 4hr imbalance, that i would like to see filled and show a reaction before going short.
This would be a counter trend because are still bullish but this could be a good opportunity for big win.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.