A flip at 1605 triggers an unsuccessful 20EMA crossover after price gets rejected at the dotted green line (long-term ascending extreme support).
Momentum has swayed once again, leaning towards H4 convergence and a drop back to highlighted support. Current D1 also indicates a shooting star.
Although the gap between 1585 and highlighted support has decreased still look to keep above 1585 to possibly re-trigger momentum.
www.tradingview.com/chart/gDBkksfy/
Momentum has swayed once again, leaning towards H4 convergence and a drop back to highlighted support. Current D1 also indicates a shooting star.
Although the gap between 1585 and highlighted support has decreased still look to keep above 1585 to possibly re-trigger momentum.
www.tradingview.com/chart/gDBkksfy/
