H4
If we looked on the daily, the trend has shifted to a bearish one with preceding lows being breached
Currently we have price tending downward with a bearish structure and is below support.
~We also have a head and shoulders pattern giving a strong bearish sentiment till our target area if price breaks further beneath the neckline
If we looked on the daily, the trend has shifted to a bearish one with preceding lows being breached
Currently we have price tending downward with a bearish structure and is below support.
~We also have a head and shoulders pattern giving a strong bearish sentiment till our target area if price breaks further beneath the neckline
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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.