Price tested the resistance twice but failed to break it.
the price even goes down and breaks the trendline.
currently the price is in a minor consolidation.
if this consolidation breaks again, then the price has the potential to test the S/R Area.
The RSI also shows a bearish divergent
the price even goes down and breaks the trendline.
currently the price is in a minor consolidation.
if this consolidation breaks again, then the price has the potential to test the S/R Area.
The RSI also shows a bearish divergent
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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.
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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.