Price has been bouncing within MA band on 2h/4h.
It rejected attempts to break through to the upper upwards trend channel indicating move downward.
Fib Retracement shows 2.1 as an interest point, aligns with the gap that was made this monday as well with a potential divergence on 2h macd.
Will wait and watch price action tomorrow for a potential long position.
Thoughts?
It rejected attempts to break through to the upper upwards trend channel indicating move downward.
Fib Retracement shows 2.1 as an interest point, aligns with the gap that was made this monday as well with a potential divergence on 2h macd.
Will wait and watch price action tomorrow for a potential long position.
Thoughts?
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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.