Trend Line acting as a Resistance | Stochastic OverBought | Beautiful Hammer | Nice Confirmation Nice SELL
- 50% Long Candle Resistance - Bullish D SHAKE - Oversold Stoch - Trend Acting as Support & Resistance
Waiting on a strong candlestick trying to find the perfect entry
TrendLines Breakout, Fibonnaci Levels, Correct Precision
First we see a Head & Shoulders that rightly goes in a downtrend, moving average 200 got switched from downside to a upside, we see lower high and lower lows in the developing downtrend Supports/Resistances are giving psychological indicators, UPTREND got broken and now it is converted into a DOWNTREND. we will wait for LH2 and place a fresh SELL ORDER... Cheers!