H1 - Bearish divergence on the moving averages of the MACD indicator.
Followed by bearish trend pattern in the form of three lower highs, lower lows structure
Strong bearish momentum
Potential drop after retraces if the strong resistance zone will not be broken.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Followed by bearish trend pattern in the form of three lower highs, lower lows structure
Strong bearish momentum
Potential drop after retraces if the strong resistance zone will not be broken.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
----------------------------------------------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。