There’s a bearish “Shooting Star” at the local high. If it confirms, the price is likely going to get a support on the nearest Moving Averages. As we can see on the Daily chart, the middle of the last huge black candle acted as a resistance again. However, if we see a pullback from the 13 Moving Average, there’ll be an opportunity to have another upward movement.
We’ve got a “Harami” and a “Three Black Crows”, so the price started to decline. At the same time, if the nearest “Window” brings any bullish pattern, then the market is likely going to form a local upward correction.
