Price Action has almost formed a Double Top at the 61.8% Fibonacci level of the Dominant down swing.
RSI is showing divergence
ADX and DMI- beginning to slope upwards and almost above 20
Should a proper test of resistance fail with a bearish candle, a short opportunity will be presented.
Target on chart.
RSI is showing divergence
ADX and DMI- beginning to slope upwards and almost above 20
Should a proper test of resistance fail with a bearish candle, a short opportunity will be presented.
Target on chart.