Price has completed the Gartley patterns, with price respecting the Resistance zone.
RSI at overbought with Divergence
However, the strong Bullish move to the resistance zone should also be taken into consideration.
RSI at overbought with Divergence
However, the strong Bullish move to the resistance zone should also be taken into consideration.
Note
Price has broken thru support and started to make lower highs.Looking at the 1hr tf, market seems hesitant on what to do with the opening of the week, with 2 consecutive bull candles being spinning tops, price has respected resistance zone for the moment, and a potential gartley pattern is emerging.
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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.