Bearish Divergence on the XBTUSD 1H Chart
Actualizado
We do see a bearish divergence on the XBTUSD 1H chart (Kraken) at the end of this week.
Looking at the daily chart the current green candle looks like a temporary peak but it still seems to be a downtrend.
Going back to the 1H chart, we see that the bearish divergence is followed by two red candles - that might indicate the end of the uptrend.
Profit target is the level of the weekly pivot at 10099. If your going to put in a trailing stop, I think that 10280 would be a good level.
Looking at the daily chart the current green candle looks like a temporary peak but it still seems to be a downtrend.
Going back to the 1H chart, we see that the bearish divergence is followed by two red candles - that might indicate the end of the uptrend.
Profit target is the level of the weekly pivot at 10099. If your going to put in a trailing stop, I think that 10280 would be a good level.
Operación cerrada: objetivo alcanzado
Profit-Target was hit:
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