Price has reached the weekly resistance with showing a strong divergence on weekly as well as 4 hour chart which indicates that there is a potential bearish movement on that. Besides, there is a head and shoulder pattern on the top of the structure. Right now, I am waiting for price to break the both neckline and the hourly structure and retesting of it (by correcting to the break out area) in order to confirm the downside movement.
Will update the idea if it reaches this point.
Will update the idea if it reaches this point.
コメント:
As expected, price reversed from resistance zoom and made a double top.
Still looking for break out of the structure.
Will update the idea soon.
Still looking for break out of the structure.
Will update the idea soon.
コメント:
Price has been touched the resistance for the third time with more divergence.
Expect reversal again after triple top pattern.
Will update the idea soon.
Expect reversal again after triple top pattern.
Will update the idea soon.
コメント:
A new idea has been just posted as trade details according to this analysis
Will update the idea again accordingly.