as it can be seen that price has broken the bullish trendline with strong momentum, and along with that, it has also broken its last HL these confluences indicate a trend reversal from bullish to reversal. For more confirmation of bearish trend let the price make pullback either to make its first LH and then look for sell setups
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.
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.