Price Action has almost formed a Double Top at the 61.8% Fibonacci level of the Dominant down swing.
RSI is showing divergence
ADX and DMI- beginning to slope upwards and almost above 20
Should a proper test of resistance fail with a bearish candle, a short opportunity will be presented.
Target on chart.
RSI is showing divergence
ADX and DMI- beginning to slope upwards and almost above 20
Should a proper test of resistance fail with a bearish candle, a short opportunity will be presented.
Target on chart.
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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.