Daily timeframe price going in a down trend 4H timeframe price formed a divergence which was a very good signal of a reversal or pullback price went high till the strong resistance 4H and 1H timeframe price formed a divergence in strong resistance area
Price may go down before a reversal or continue the down trend you may move the SL a little bit higher
Note
I will close all my positions I dont keep positions over the weekend the strong support rejected the price again and it may continue till the TP2 or close to it but I dont suggest keeping positions open over the weekend
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.