Current waves structure indicates signs of exhaustion.
We have a clear divergence between momentum indicator and price action.
I expect a rotation to the downside at least to target as marked on the chart with the possibility of making all-time low.
We have a clear divergence between momentum indicator and price action.
I expect a rotation to the downside at least to target as marked on the chart with the possibility of making all-time low.
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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.