For the first time, we are starting to see multiple concomitant signals announcing the end of the rally:
⚠️ Wait for the 4h candle to close before selling this market. To be even safer, you should wait for 2 candles breaking the uptrend line.
- Weekly pivot point is being tested
- RSI 730 is breaking its support trend line
- Multiple divergences on MACD showing sellers are taking back control over the market
⚠️ Wait for the 4h candle to close before selling this market. To be even safer, you should wait for 2 candles breaking the uptrend line.
Trade active
Signal confirmed.
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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.