Price struggles to make a new lower low and could not reach the quarter level and psychological level of 75.00. We can see a double top formation coming along with ideal divergence after a macro level cycle finished on a wedge that has been occurring for a matter of weeks now. Going to be looking for long opportunities
Confirmations:
- Double Bottom
- Price struggles to make a new low and reach quarter level
- Price divergence on TDI and above liquid 50 (yellow line in TDI)
- macro cycle has finished with 3 long term pushes to the downside
Confirmations:
- Double Bottom
- Price struggles to make a new low and reach quarter level
- Price divergence on TDI and above liquid 50 (yellow line in TDI)
- macro cycle has finished with 3 long term pushes to the downside