H4 - We have a critical zone that has formed based on the top of the channel and a strong resistance zone.
We may now expect one more push higher from the current zone towards this critical zone. We may then start looking for sells with bearish evidences.
We already have two false breaks with bearish divergence so alternatively if the price moves lower from the current zone and breaks below the low shown in the screenshot, we may then start looking for sells with more bearish evidences.
We may now expect one more push higher from the current zone towards this critical zone. We may then start looking for sells with bearish evidences.
We already have two false breaks with bearish divergence so alternatively if the price moves lower from the current zone and breaks below the low shown in the screenshot, we may then start looking for sells with more bearish evidences.