RSI shows divergence on a 4H timeframe, price makes higher high while the indicator made a lower low from the last move up,indicating a downtrend in place from now on or atleast untill the trendline that it has been respecting.
Price also returned back from a major reversal zone and PA shows strong down trend, however the bears may get exhausted for a bit and retrace before they continue down
Price also returned back from a major reversal zone and PA shows strong down trend, however the bears may get exhausted for a bit and retrace before they continue down
Commento:
secure the profits guys
