D1 - Bearish hidden divergence.
H4 - We have two important resistance zones that has formed based on the fibonacci extension levels of the cycles we have. Bearish divergence.
H1 - Currently the price is moving inside a rising wedge pattern. Price has reached the first resistance zone, bearish divergence.
If the price moves lower and breaks below the low at 15.138 we may then expect further continuation lower.
Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences would be the second resistance zone.
H4 - We have two important resistance zones that has formed based on the fibonacci extension levels of the cycles we have. Bearish divergence.
H1 - Currently the price is moving inside a rising wedge pattern. Price has reached the first resistance zone, bearish divergence.
If the price moves lower and breaks below the low at 15.138 we may then expect further continuation lower.
Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences would be the second resistance zone.