Beautiful push but down we go
So the previous scalp worked out even better! Great!
But what comes next?
Although in a seemingly uptrend, the bearish divergences are piling up on various tf.
The fact that it wasn't able to break 6820 speaks volumes since 6840 was the resistance to break in order to avoid a bearish divergence on the larger timeframes.
From here on if this does not manage to break that level by the daily candle close we can expect to come crashing back down. For larger swing trade I would advice to wait for the daily close.
This is not financial advice, just my thoughts and ideas.
But what comes next?
Although in a seemingly uptrend, the bearish divergences are piling up on various tf.
The fact that it wasn't able to break 6820 speaks volumes since 6840 was the resistance to break in order to avoid a bearish divergence on the larger timeframes.
From here on if this does not manage to break that level by the daily candle close we can expect to come crashing back down. For larger swing trade I would advice to wait for the daily close.
This is not financial advice, just my thoughts and ideas.
Nota
Here on the 4H timeframeNota
On the 12H tfNota
On the daily tf
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.