Let me know if I am wrong guys:
The uptrend is going to end since:
1) 4H RSI shows bearish divergence
2) 4H chart shows evening star sign
However, there are other opinions such as the market is going to an ascending triangle,
so then the market will breakout and go up.
Please let me know what is your opinion :)
Good Luck!
The uptrend is going to end since:
1) 4H RSI shows bearish divergence
2) 4H chart shows evening star sign
However, there are other opinions such as the market is going to an ascending triangle,
so then the market will breakout and go up.
Please let me know what is your opinion :)
Good Luck!
Note
clear divergence is shown in 1 day chart, however, the price is not dropping yet. let me know your opinion, thank you!Disclaimer
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.
Disclaimer
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.