Pair shows formation and completion of bearish shark pattern.
It is at the resistance of a broadening wedge.
Price is getting pulled away from BB and shows volatility divergence.
RSI is still strong so may expect a double top in coming time.
Expecting T1 as 38.2%, a min retracement.
It is at the resistance of a broadening wedge.
Price is getting pulled away from BB and shows volatility divergence.
RSI is still strong so may expect a double top in coming time.
Expecting T1 as 38.2%, a min retracement.
Trade closed: stop reached
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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.