Daily: The price is being rejected on the resistance 1 area.
15min-4h Time Frames:
- 1H Timeframe: Inverse Hammer bearish candlestick is identified following a Doji Star bearish candlestick pattern is identified;
- Possible reversal until support 1. If price breaks the (blue reversal channel) and breaks support 2, which is an upper-trend channel. If happens, It will start a down-trend;
15min-4h Time Frames:
- 1H Timeframe: Inverse Hammer bearish candlestick is identified following a Doji Star bearish candlestick pattern is identified;
- Possible reversal until support 1. If price breaks the (blue reversal channel) and breaks support 2, which is an upper-trend channel. If happens, It will start a down-trend;
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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.