Prices hit H&S Neckline after retracement and support level 1.364.
4H MACD Divergence likely to show bullish action after retracement to support line.
Possible upward potential towards 1.37, double top neckline.
Stop loss after H&S neckline broken, then likely bearish movement. Crucial support level.
4H MACD Divergence likely to show bullish action after retracement to support line.
Possible upward potential towards 1.37, double top neckline.
Stop loss after H&S neckline broken, then likely bearish movement. Crucial support level.
Note
1H MACD Divergence, not 4H
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.