Timeframe is 4 hour chart. Potential price movements have been charted out.
What we want to see before we see a reversal. 1) Decreasing bearish volume and increasing bullish volume 2) RSI to break resistance 3) ADX to drop lower 4) Price to break the upside or downside of bearish channel.
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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.