➖ We have a sell signal on the daily Renko chart still in the making.
➖ The 4H is full bearish already while pointing lower.
➖ The weekly is still green, a closes below 40,000 we get the first sell signal there as well.
Let's look at the charts.
4H Timeframe:
✔️ Easy to see the resistance and inverted triangle.
✔️ Moving below EMA50 on the current session.
✔️ Pretty clear.
Daily Timeframe:
✔️ The red brick already showing but not in yet. A close below 40,000 needs to happen daily for this signal to confirm.
✔️ We could say it is early on this timeframe.
Let's wait for the week to close to revisit and see how the Renko chart is doing.
👉 We have early reversal signals coming from this charting system.
👉 The Renko system is saying that a potential change of trend is already developing.
Namaste.
➖ The 4H is full bearish already while pointing lower.
➖ The weekly is still green, a closes below 40,000 we get the first sell signal there as well.
Let's look at the charts.
4H Timeframe:
✔️ Easy to see the resistance and inverted triangle.
✔️ Moving below EMA50 on the current session.
✔️ Pretty clear.
Daily Timeframe:
✔️ The red brick already showing but not in yet. A close below 40,000 needs to happen daily for this signal to confirm.
✔️ We could say it is early on this timeframe.
Let's wait for the week to close to revisit and see how the Renko chart is doing.
👉 We have early reversal signals coming from this charting system.
👉 The Renko system is saying that a potential change of trend is already developing.
Namaste.
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alansantanatrades.com
🔥 New Lowest Pricing Ever ➖ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Daily (sell signal is now in/confirmed)
Weekly (no new bricks since early Dec.)
A red brick coming out... Bearish