Bulls be aware we are on the cusp of losing the 4H uptrend which means we might see daily consolidation. Congrats to bears who shorted this pig at those highs. We may hold 4H support. Watch 5m for a trend change, no signs of it so far.
Market makers took out some stops before dropping it if you watch the 2-5m time frame just before the first drop.
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.