The price has formed an ascending channel within the resistance zone and it formed a MACD divergence even though is small it is still a divergence so we are waiting for the price to continue the channel into the support trendline.
Also the price made 2 false breaks so now it is time for the pullback into the support zone as well.
The RSI indicates 50 level so it will be a good opportunity to enter the sell
Comment your opinions!
Also the price made 2 false breaks so now it is time for the pullback into the support zone as well.
The RSI indicates 50 level so it will be a good opportunity to enter the sell
Comment your opinions!
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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.