Diamond Top + Bearish Divergence
Looks like a classic diamond top pattern at strong resistance. Added to this a bearish divergence on RSI and TRIX, points to a possible reversal to launch points at fib levels. Short term bearish, long term this could be the beginnings of a major bull run. Safe trading. Education purposes only, not trading advice.
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.