We see a hidden bearish divergence has formed on the 2hr chart following the ABC corrective Elliot Waves. Two potential TP targets based on previous support/resistance form on past lows (red dashed lines).
Disc. This is merely an observation of price action and NOT a suggestion to buy or sell. Do your own extensive research before placing a real order.
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.