W1 - Price broke below the triangle pattern currently it looks like a pullback is happening.
D1 - Bearish divergence.
H4 - Price reached a critical zone formed by the fibo levels of the cycles and the bottom of the weekly triangle pattern, bearish divergence.
We may now look for more evidences of bearish pressure in order to join the bears.
D1 - Bearish divergence.
H4 - Price reached a critical zone formed by the fibo levels of the cycles and the bottom of the weekly triangle pattern, bearish divergence.
We may now look for more evidences of bearish pressure in order to join the bears.