Price is currently forming a descending triangle and failed to break through monthly resistance.
Also, we have a divergence forming as the oscillator is not confirming to lower highs forming on our price.
We enter short positions upon breakout of the descending triangle.
Also, we have a divergence forming as the oscillator is not confirming to lower highs forming on our price.
We enter short positions upon breakout of the descending triangle.
Order cancelled
Price continued bullish momentum
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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.