On D1, the cloud is directing downward, indicating a downtrend.
On H4, the price rises, which indicates the formation of a local price correction. In addition, the RSI reached the overbought level, which may indicate the end of the price correction.
We recommend selling now and placing a stop loss at 11200.
On H4, the price rises, which indicates the formation of a local price correction. In addition, the RSI reached the overbought level, which may indicate the end of the price correction.
We recommend selling now and placing a stop loss at 11200.
