H4
Daily
Weekly
What to do now?
- Break out the head&shoulder neckline
- under the pressure of 200 EMA (white line)
- MACD showing the bearish momentum
- Stochastic dead cross at the bottom
Daily
- MACD showing a strong bearish momentum
- MACD line and Signal line dead cross at the top
- Histogram of MACD below 0
- under 20 SMA
Weekly
- Reversal candlestick signal in the weekly chart ( inverted hammer)
- exhaustion of the bullish momentum show by the MACD histogram
- MACD line and Signal line is ready to cross at the top
What to do now?
- Short the market immediately
- Please do your own proper risk management
#Good Luck to all traders!!!#
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.