I called this volatile downtrend before it happened. The chart is in my profile. Markets will recover as fast as they fell. The volatility will keep growing but it will change sides from bearish to bullish. 100% recovery before the U.S. election is a likely possibility.
CLSN is at a zone that's been tested multiple times. My two targets are 2.50 and 2.99.
Price held above major support Price is above 8 EMA and 21 SMA Bottom half of the pitchfork pushing price to the median line breakout wedge and lets be realistic!
Would wait for the close on 6 HR price below the weekly resistance bearish engulfing on daily, evening star on 8 hr, lower highs and 8 and 21 cross on 4 hr the rest is on the chart
Price rejected the weekly key level and moved out of it bearish hammer right below the 8 EMA A retest of the trend line bearish weekly pattern 70 pips TP for 28 pips SL
Bullish Hammer on 6hr Price rejected the trend line Bears are still powerful so TP and SL are more realistic Retest on 12H 48 PIPS TP for 22 SL
Low Risk Low Reward Setup Bullish Hammer on 4h Chart Price is on an uptrend Retest on 8 EMA on 12h chart Risking 10 PIPS (SL) for 30 PIPS reward (TP)
LONG - EURAUD Bullish Hammer on 12 HR chart Price is on an uptrend Price is above 8 EMA and 21 SMA Oversold RSI Target 95 PIPS For SL 35