- In 30 minutes the US market will open and we may see some volume increase.
- But 1-hour chart (left hand side) RSI shows negative divergence (if the uptrend will not continue).
- Moreover, the other chart, which is 4-hour, shows a resistance break over but - again- the volume is falling.
- In my opinion, we may see a price correction in the next hours.
- From a wider perspective, the macro correction may continue.
- The price increase since yesterday was quite rapid, this is not a healthy indication in my opinion.
Trade closed: target reached
