W1 - Price broke below the uptrend line, currently it looks like the price is retesting the breakout.
D1 - Hidden bearish divergence.
H4 - Price has reached a critical zone formed by the fibo level of the cycle and the weekly uptrend line, bearish divergence.
We may now look for more evidences of bearish pressure in order to join the bears.
D1 - Hidden bearish divergence.
H4 - Price has reached a critical zone formed by the fibo level of the cycle and the weekly uptrend line, bearish divergence.
We may now look for more evidences of bearish pressure in order to join the bears.