Downtrend structure
Market pulled back to 50% Fib level (Daily Fib ext)
Previous support now becomes resistance
RSI Divergence within this zone
Waiting on counter trendline break bearish before entering a sell
Market pulled back to 50% Fib level (Daily Fib ext)
Previous support now becomes resistance
RSI Divergence within this zone
Waiting on counter trendline break bearish before entering a sell
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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.