4hr and 1hr TF indicates bearish movement, so we dont want to bet against that for now.
We can visibly see the break and retest on major zones and price is on the second touch with the trendline.
I feel third touch is going to be right at 169.385, then we can see a bear movement all the down to 4hr major zone at 167.053
Please note this is a personal analysis.
We can visibly see the break and retest on major zones and price is on the second touch with the trendline.
I feel third touch is going to be right at 169.385, then we can see a bear movement all the down to 4hr major zone at 167.053
Please note this is a personal analysis.
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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.