Right now the price is under pressure of a strong 1d hidden bearish divergence. I believe that breaking 5700 level is only possible after making a 1d regular bullish divergence. I.e. the price should make a fake 5500 level break.
Trade active
We finally have a good 1d positive divergence on RSI. Although the price can still go lower it's time to look for long entry point for mid-term trade.Disclaimer
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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.