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Inverse_abcd

Bearish Inverse AB=CD Bearish Inverse AB=CD Oscillator Divergence in both RSI and Awesome oscillator . The blue uptrend channel forming the BC leg was down broken indicating shift in the bullish trend to the downside . The downside breakout of the bullish blue channel forming the BC leg is tested by a wide range up bar closing near the middle and with a low volume indicating sign of weakness for the uprising market .. More volume spread analysis test bars should be waited to confirm the next bearish movement .
FX_IDC:XAUUSDShort
by MohamedMagdy
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