Hello Traders,
Looks like the sheep was right on previous analysis, so i come with the second one.
I am still waiting for the bearish divergence to be confirmed, looks like we have now multiple bearish divergences.
On Fibo expansion the level 1 is at the same price as resistance trend, near price 1750, from there i will look for a down move.
Just in case, if the price breakout the first resistance trend, i will look for an upmove too.
Leave a like and follow for more ideas.
Enjoy it!
Ps : Is my vision, make your own choices!
Looks like the sheep was right on previous analysis, so i come with the second one.
I am still waiting for the bearish divergence to be confirmed, looks like we have now multiple bearish divergences.
On Fibo expansion the level 1 is at the same price as resistance trend, near price 1750, from there i will look for a down move.
Just in case, if the price breakout the first resistance trend, i will look for an upmove too.
Leave a like and follow for more ideas.
Enjoy it!
Ps : Is my vision, make your own choices!
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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.