This is the chart that I follow.
There was a Bearish Bat or Gartley , rejected from the resistance D point. So we dropped down to 0.618.
Now there is a macd divergence on 4H chart, and momentum is decreasing, so we should go down soon.
Its also a possibility that we may test the resistances for the last time, so that will also make an RSI divergence.
There was a Bearish Bat or Gartley , rejected from the resistance D point. So we dropped down to 0.618.
Now there is a macd divergence on 4H chart, and momentum is decreasing, so we should go down soon.
Its also a possibility that we may test the resistances for the last time, so that will also make an RSI divergence.
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