Reasons:
- Possible resistance by previous key range (double top formation)
- Resistance by 62% fibonacci retracecment level
- Confirmation of bearish divergence on Momentum Indicator
* This is only how we interpret the market
- Possible resistance by previous key range (double top formation)
- Resistance by 62% fibonacci retracecment level
- Confirmation of bearish divergence on Momentum Indicator
* This is only how we interpret the market
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.
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.