Waiting the price to reach the bearish trendline which is also a fibonacci retracement on a strong daily resistance.
Even if there is a divergence on the stochastic indicator, better for us to wait for a candlestick formation on a lower timeframe.
Even if there is a divergence on the stochastic indicator, better for us to wait for a candlestick formation on a lower timeframe.
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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.