Monthly bearish divergence
2 hour MACD ma crossover (most likely soon to happen on 4 hour)
TP1 7.952 (0.618 fib drawn on weekly)
TP2 7.377 (0.5 fib drawn on weekly)
2 hour MACD ma crossover (most likely soon to happen on 4 hour)
TP1 7.952 (0.618 fib drawn on weekly)
TP2 7.377 (0.5 fib drawn on weekly)
Note
Another potential TP level, 7.84 - 0.382 fib drawn on monthly)
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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.