H4 - Price is nearing the downtrend line and if we didn’t get a valid breakout here, we may then expect the price to respect this trend line and move lower again. continuing bearish divergence.
H1 - We have a critical zone that has formed based on the fibo levels of the cycles and the H4 dynamic resistance.
We may now expect one more push higher from the current zone towards this critical zone and then we may start looking for sells with more bearish evidences.
H1 - We have a critical zone that has formed based on the fibo levels of the cycles and the H4 dynamic resistance.
We may now expect one more push higher from the current zone towards this critical zone and then we may start looking for sells with more bearish evidences.