H4 - Price has reached the middle of the range after bouncing from the top. Bearish hidden divergence.
Price still has room lower towards the bottom of the range.
H1 - Bearish convergence. Most recent uptrend line breakout.
Expecting further continuation lower after pullbacks.
Price still has room lower towards the bottom of the range.
H1 - Bearish convergence. Most recent uptrend line breakout.
Expecting further continuation lower after pullbacks.
Note
The price action followed my analysis and reached the bottom of the range as per the plan!
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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.