Bearish Divergence setup noted on D and 4H timeframe
However trend is still in a very bullish trend.
We can infer that the market is losing buying power, relatively to its previous move
Thus will be waiting for a confirmation break on the 21 EMA on
daily time frame for a short counter trend trade setup.
Clear and concise divergence
However trend is still in a very bullish trend.
We can infer that the market is losing buying power, relatively to its previous move
Thus will be waiting for a confirmation break on the 21 EMA on
daily time frame for a short counter trend trade setup.
Clear and concise divergence
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