Idea: The price has risen to the daily 50 MAs. The 200 EMA is broken on the 4 hour chart. The price is in the zone of strong overbought, many bearish divergences and signals are formed. High probability of price correction
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Disclaimer
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.