Price has been trending bullish for a very long to respecting key zones Then price created a higher high retraced and failed to create another higher high,priced pushed bullish and then created a double top. Then price dropped and broke below the recent higher low creating a lower low and closing below the trend line that it has respected for a very long time.price then pushed bearish some few more pips. The went back for a retest. Formed a Doku then pushed bearish with momentum justifying a bearish sentiments
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.