Plan : Sell orders at 10.200 usd – 10.400 usd / Buy orders at 8.400 usd – 7.700 usd
Here We Go;
- Bearish Trend Line Broke and Retest (Bullish)
o This an important trend line comes through 20k downtrend, little tip about broken trend lines; buy when price pullback and retest trend again, we are in that move now
- Bullish Bat Pattern D leg at 6700 (Bearish) I’m not expecting that prices again, but have to say what pattern tells
o Bearish Bat Pattern Forming at 4H and D Leg Comes Around 10.400 We can see pullback from this level
- Double Top & 2618 Pattern; it comes around 10.300 – 10.400 range for pullback
- Huge Cloud Appears Difficult to Break (Bearish);
o Bigger cloud means harder resistance, makes it difficult to break
- Ema 20 and Ema 50 Resistances Are Makes It More Difficult
o Also Daily Bol Bands Basis Line Comes Between Ema 20 and Ema 50 (Another Resistance)
- Rsi going to test 50 level resistance;
o Very hard to break this resistance at downtrend
- ADX and DI Still Bearish
o Till Green Line Cross Up Red and Yellow or Red Cross Down Yellow
- Fisher Tried to Turn Green; Second Good Sign But Fisher Is Fast Indicator, So I’m Using It Mostly For Confirmation
Here We Go;
- Bearish Trend Line Broke and Retest (Bullish)
o This an important trend line comes through 20k downtrend, little tip about broken trend lines; buy when price pullback and retest trend again, we are in that move now
- Bullish Bat Pattern D leg at 6700 (Bearish) I’m not expecting that prices again, but have to say what pattern tells
o Bearish Bat Pattern Forming at 4H and D Leg Comes Around 10.400 We can see pullback from this level
- Double Top & 2618 Pattern; it comes around 10.300 – 10.400 range for pullback
- Huge Cloud Appears Difficult to Break (Bearish);
o Bigger cloud means harder resistance, makes it difficult to break
- Ema 20 and Ema 50 Resistances Are Makes It More Difficult
o Also Daily Bol Bands Basis Line Comes Between Ema 20 and Ema 50 (Another Resistance)
- Rsi going to test 50 level resistance;
o Very hard to break this resistance at downtrend
- ADX and DI Still Bearish
o Till Green Line Cross Up Red and Yellow or Red Cross Down Yellow
- Fisher Tried to Turn Green; Second Good Sign But Fisher Is Fast Indicator, So I’m Using It Mostly For Confirmation
Trade closed: target reached
Made an expected move
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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.
Disclaimer
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.