Bearish Continuous
Updated
The downtrend continues to the region of 23.6% Fibonacci, and may reach up to 0.0% where the strongest support of the entire LTA, formed on 11/11/2017, is found.
The moving averages are working perfectly as resistance, where we prove that candles below the moving averages break the supports until the moment.
The moving averages are working perfectly as resistance, where we prove that candles below the moving averages break the supports until the moment.
Note
Portuguese:Os ursos fazem a festa...
A tendencia de baixa continua até a região de 23.6% de Fibonacci, podendo chegar até 0.0% onde se encontra o suporte mais forte de toda LTA, formado em 11/11/2017.
As médias móveis estão funcionando perfeitamente como resistência, onde comprovamos que candles abaixo das médias móveis rompem os suportes até o momento.
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