Currently following a trend line and making Higher highs and Higher Lows. Could be a reversal point as its formed bearish AB=CD pattern and there is very strong bearish divergence at 1h frame. IF want to take a safe trade then one can wait for trend line break or bearish signal.
Note: This analysis is for education purpose only.
Note: This analysis is for education purpose only.
Note
Hit TP1Trade closed: target reached
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.
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.