A red candle greater than that observed in previous days, the price is not able to make yet another attempt to break the resistance, a MACD that begins to show weakening. They are signals that can indicate a beginning of laterality in the price or even beginnings of a return towards the marked support.
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Related publications
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.