4h - bearish
1. Strong bearish trend
2. Multiple doji's indicated showing strong indecision in the market
3. Overall, with their being a lack of positive indication that there will be a bullish momentum, I wouldn't enter the market. I think that buyers are holding on and waiting till it reaches the next point of support before it potentially goes bullish
1. Strong bearish trend
2. Multiple doji's indicated showing strong indecision in the market
3. Overall, with their being a lack of positive indication that there will be a bullish momentum, I wouldn't enter the market. I think that buyers are holding on and waiting till it reaches the next point of support before it potentially goes bullish
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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.