The price has broken the trendline and we are waiting for it to close below the first fibo level of .236. Once it closes it is a good opportunity to sell but to have another confirmation of the bearish trend you could wait to close below the support zone.
There is MACD divergence with RSI divergence as well.
Comment your opinions!
There is MACD divergence with RSI divergence as well.
Comment your opinions!
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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.