Price is consolidating around a critical key level 67.15. Even though price appears to be forming an ascending triangle at that level, we have at this time bearish divergence with price and volume and with price and the oscillators (RSI, Stochastic RSI and CCI). Price must break with intense volume or form Higher Highs and Higher Lows above the 67.15 key level to maintain bullish momentum.
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.
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.