Head and Shoulder Pattern Detected.
Start of a Sequential BUY CountDown (Potential downside move) makes it weak
About TD Sequential indicator:
https://www.tradingview.com/script/NYbuNBeR-TD-Enhanced-Sequential-Gold/
Note
If TDST Resistance is broken then Target MAX = 8500 EUROn Daily chart, TDST SELL Sequential is on a 10/13 => Still Bullish
Note
BTCEUR 4H Timeframe:We are still consolidating between TDST Support and TDST Resistance
Sequential BUY Countdown = 4/13 => leaning bearish
BTCEUR 1D Timeframe:
Sequential SELL Countdown = 10/13 => leaning bullish
Wait for the completion of the Sequential BUY Countdown on 4H timeframe to get a clearer direction
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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.