on the 4HR time frame, we can see; 1. bearish trend line that's about to either be respected or intersected on a 3rd touch 2. bearish bat harmonic pattern that's about to complete on the bearish trend line mentioned in (1.) above. 3. both points 1 and 2 line on a resistance area shaded in the color red. if it's respected, price will sell of.
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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.