Weekly chart analysis shows that the candle stick may be bearish to 4hrly and then will become bullish after hitting the 4hrly line which is a possibility
Monthly predictions, Black lines are monthly lines, blue lines are weekly lines, orange lines are daily lines and green lines are 4hrly. The chart candle stick can bounce off from the 4hrly lines . The chart also has a fib retracement and rsi to indicate entry and exit points.
The monthly and weeks candle chart shows the W formation taking place as well as a triple bottom which means it is highly likely that it will go towards a bullish directions. Also you can see the candle chart has been consolidating around my weekly resistance lines.
The monthly line chart shows the support an resistance lines which has been labelled MS for monthly support and MR for monthly resistance. prediction are the it will be bearish and will fall to my monthly support line before going up to hit the monthly resistance line. It may be bullish throughout from touching my support line
The candle chart shows the M's and W's formations. Also the triple bottom it forms at the bottom of the support line before going bullish. The chart also shows the predictions. It looks like the market is going downwards. I predict it will go down a bearish direction
