Here we can see on the H4 charts that the trend is still bullish, however, there looked to be a sign of a bearish reversal, or maybe just another correction, who knows. What i see is a divergence on the H4 charts between the price with the Macd oscillator and the stochastic oscillator, and there is also a bearish engulfing candlestick formed at the divergence area.
Going for a short
Going for a short
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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.