End Of Range Market
Due to my last analyses of this chart and latest green candles that failed to break the resistances my vision got stronger on selling this market.
As you can see when the market went up and made the green candles, pulled back immediately. This things shows that the market is not willing to go upper.
On 50MA we can see that the 50ma line is closer to market price with even more incline.
Ichimoku looks like bad! where tenkan sen did not cross kijun sen line and chiko span did not cross the price candle.
Cloud is red and downtrend look likes countinues it ways.
As you can see when the market went up and made the green candles, pulled back immediately. This things shows that the market is not willing to go upper.
On 50MA we can see that the 50ma line is closer to market price with even more incline.
Ichimoku looks like bad! where tenkan sen did not cross kijun sen line and chiko span did not cross the price candle.
Cloud is red and downtrend look likes countinues it ways.
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