This is a counter trend but here is why we are selling.
Trend:
W1: Up
D1: Up
H4: Flat
Moving Average:
Above the Daily MA
H4 pointing downwards
Pattern:
Shark on Daily
Strong resistance at 151.50
Double top on Daily and lots of divergence
Trend:
W1: Up
D1: Up
H4: Flat
Moving Average:
Above the Daily MA
H4 pointing downwards
Pattern:
Shark on Daily
Strong resistance at 151.50
Double top on Daily and lots of divergence
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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.
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.