Price is in approaching a squeeze point in what might be a bear pennant
Resistance on 4hr cloud and 1 hr cloud
MACD and RSI showing no signs of bull reversal, MACD histogram showing bearish sentiment
5% stop loss versus 43% gain
Risk/Reward 1:8
Resistance on 4hr cloud and 1 hr cloud
MACD and RSI showing no signs of bull reversal, MACD histogram showing bearish sentiment
5% stop loss versus 43% gain
Risk/Reward 1:8
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