Hello all...
Bearish sentiment is now begin to roar. So, here we go:-
D1
The downtreding Channel is now on its course but I still keep the uptrending Channel for reference. Price has closed below 50SMA yesterday but we still have strong support from long term Sup TL from below (see arrow) and 89SMA.
H4
Price has make the pull back to 8EMA once the stochastic making it SWING LOW in the last previous 3 bars. This is very easy. Just wait for PA and stochastic behaviour for the next TC downside pattern. It should be somewhere around 8EMA or 200SMA or 21EMA.
H1
It seems that we are resisted around 21EMA and PW 1.4110 for now. The next move should be bias to the downside now.
Alright, we are heading south for now. Hope this helps.
HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Bearish sentiment is now begin to roar. So, here we go:-
D1
The downtreding Channel is now on its course but I still keep the uptrending Channel for reference. Price has closed below 50SMA yesterday but we still have strong support from long term Sup TL from below (see arrow) and 89SMA.
H4
Price has make the pull back to 8EMA once the stochastic making it SWING LOW in the last previous 3 bars. This is very easy. Just wait for PA and stochastic behaviour for the next TC downside pattern. It should be somewhere around 8EMA or 200SMA or 21EMA.
H1
It seems that we are resisted around 21EMA and PW 1.4110 for now. The next move should be bias to the downside now.
Alright, we are heading south for now. Hope this helps.
HAVE A LOOK AND MAKE YOUR OWN THOUGHT