1. 4H & 12H stoch confluence. Reset emerging.
2. 4H stoch has strong bearish divergence
3. Liquidity @ 9350 on VPVR (yellow & blue indicator on the right side of the screen)
4. Top of Ichimoku cloud support @ 9350 as well
5. Long wick at local high shows failing support of upward price movement.
Target 1: 9350
Target 2: 8880 (not confident this will hit just yet)
2. 4H stoch has strong bearish divergence
3. Liquidity @ 9350 on VPVR (yellow & blue indicator on the right side of the screen)
4. Top of Ichimoku cloud support @ 9350 as well
5. Long wick at local high shows failing support of upward price movement.
Target 1: 9350
Target 2: 8880 (not confident this will hit just yet)
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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.