We can observe price brokes the channel and already pullback to it , staying below both EMA's (which are about to cross) + we got a double top here. There is also a strong resistance
All those signs combined can provide us an intuition about where the price heading next.
If we look at price action price is forming an inside bar here (a little too early to take it into account because it didn't break it for the moment but with the signs upper it's almost a safe entry here)
All those signs combined can provide us an intuition about where the price heading next.
If we look at price action price is forming an inside bar here (a little too early to take it into account because it didn't break it for the moment but with the signs upper it's almost a safe entry here)
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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.