Bearish Divergence on 1H, 4H
Pull back ended with strong supply zone
Trend line broken for pull back and undergoing retest
Support level turned resistance.
Possible bearish move expected if level of 19810 not breached and a candle close above isn't imminent.
Entry short at 19809
TP -1 19618
TP - 2 19485
Pull back ended with strong supply zone
Trend line broken for pull back and undergoing retest
Support level turned resistance.
Possible bearish move expected if level of 19810 not breached and a candle close above isn't imminent.
Entry short at 19809
TP -1 19618
TP - 2 19485
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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.