I'm trying to divide it into three areas to do a 1-day analysis. Purple, yellow, and green Box respectively. A great hammer showed after yesterday's analysis, therefore the lower high formed and the price is directly heading down. When zooming down to 15 mins timeframe, it shows the support (443) has been broken. So now it encounters double pressures of decline. Both 4 hours and 15 mins. Each time the price touches the box upper band could be a chance to short.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.