Very steep climbing channel = steep fall.
Price is ranging now for about a month and even the bullish divergence on 4h TF can't take it to a higher high if you ask me. What I see is a rounded top at the yearly high. Also a potential SHS-pattern completion is highly possible to get the bullish ride finished.
As long as we trade near the border at the channel look for shorts.
Price is ranging now for about a month and even the bullish divergence on 4h TF can't take it to a higher high if you ask me. What I see is a rounded top at the yearly high. Also a potential SHS-pattern completion is highly possible to get the bullish ride finished.
As long as we trade near the border at the channel look for shorts.
