H4 - Price is bouncing lower from a key resistance zone.
Bearish divergence.
Most recent uptrend line breakout.
H1 - Bearish convergence.
Currently it looks like a pullback is happening.
Until the key resistance zone holds I expect the price to move lower further after pullbacks.
Bearish divergence.
Most recent uptrend line breakout.
H1 - Bearish convergence.
Currently it looks like a pullback is happening.
Until the key resistance zone holds I expect the price to move lower further after pullbacks.