Monthly: - Price is struggling to push higher - Buying region can be found a little bit lower
Weekly: - No buyers tapped yet (there is no structure tapped (=black line) ==> We can see more clearly that the buyers are lower - H&S - Descending Trendline
Daily: - Bigger Bearish W (IC) - Impulse & Correction - Natural W (at line chart we can see a H&S) - Bearish indicational Candle
4H: - Bigger H&S (line chart from Daily) - -27 Fib Completion - Ascending Channel - H&S (We grabbed liquidity higher with the wick)
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.