- Bearish Divergence is apparent on the 1HR and 30M charts.
- Price action is making higher highs while the RSI is making lower highs.
- This is signalling a downturn in the market and a reversal.
Risk to reward ratio 4.11.
SL: 0.86463
TP: 0.85370
- Price action is making higher highs while the RSI is making lower highs.
- This is signalling a downturn in the market and a reversal.
Risk to reward ratio 4.11.
SL: 0.86463
TP: 0.85370
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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.
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.