a hidden positive divergence in 4H did what it could, and now a series of negative divergences in 1h, 4h and 1d are coming to test new lows.
a bear flag is also visible.
a fibo on the last 4h swing (low of 24 Jan to high of 26 Jan) can show us a 1.618 target around 29500 USD
the handle of the bear flag also points to that number (roughly)
a bear flag is also visible.
a fibo on the last 4h swing (low of 24 Jan to high of 26 Jan) can show us a 1.618 target around 29500 USD
the handle of the bear flag also points to that number (roughly)
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Related publications
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.