After yesterdays bearish divergence on the higher timeframes (4h mainly) we see that the price took a turn for the worse.
After a month of nonstop bullishness, it looks as though we may have a corrective/cooldown phase ahead.
In terms of fundamentals, if the next weeks plays out anything like the weeks before the last forks. We could see some serious choppy waters and overturned vessels.
Navigate with caution.
After a month of nonstop bullishness, it looks as though we may have a corrective/cooldown phase ahead.
In terms of fundamentals, if the next weeks plays out anything like the weeks before the last forks. We could see some serious choppy waters and overturned vessels.
Navigate with caution.
Kommentera:
TV keeps stretching the volume Y axis on the bottom, you may need to double click the Y axis to reset it.