Are we close to the distribution phase?
I believe that by now we have reached the final stage of distribution that has lasted for days and the head shoulders (inside the distribution channel) seem to confirm the general reading.
Today also a hidden bearish divergence on the oscillators.
For many info:
I believe that by now we have reached the final stage of distribution that has lasted for days and the head shoulders (inside the distribution channel) seem to confirm the general reading.
Today also a hidden bearish divergence on the oscillators.
For many info:
Trade closed: target reached
Trade active
It will continue to fall very low, we already notice a regular bearish divergence already on the time frame at 45 min.Trade active
Breakage of historical support. New downside coming.
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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.
Related publications
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.