AhxianYong

AhxianYong

Hit support and likely to rebound

AhxianYong

The trend on D1 is bearish. Furtherlook into 4H, a descending triangle is established. Continuous lower high is formed and expect a breakout at the support and a retracement before going further down.

AhxianYong Updated 

Indecisive PA at around 1.135 as support area . Looking to short if next candle close below 1.135 and likely to bounce back upon reaching uptrend support

AhxianYong

Trendline went up too steep and the trend might not be reliable. Reaching resistance around 1340 and hit the top of stochastic RSI. Looking forward to short and reach support at around 1325 based on previous support and fibonacci.

AhxianYong

The candle had broke through the trendline. Being tested on the support and expected to go bear. Further confirmed by MACD.

AhxianYong Updated 

Overall trend is bearish from daily chart . Spotted several lower low and lower high. Selling pressure is high, buyers power are getting weak. In addition, the candles are below MA200. Bearish engulfing candles spotted in daily timeframe . In the 4h timeframe, the price has been tested several times on the MA50 resistance.Expecting the candle to hit MA50...