Market is at the resistance of a channel on the daily time frame
Market is also entering a resistance zone from the 4H time frame
Coupled with oversold market condition on the 1H time frame for both stochastic and RSI indicator
All Setup leads to a potential Sell, pending confirmation (i.e a bearish pattern)
Market is also entering a resistance zone from the 4H time frame
Coupled with oversold market condition on the 1H time frame for both stochastic and RSI indicator
All Setup leads to a potential Sell, pending confirmation (i.e a bearish pattern)
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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.