Waiting for close above yellow trend line and then can enter for a buy and put stop loss on the close wick low possible short term trade, OR if it breaks below both trend line and closes then it could continue down.
possible head and shoulder if it breaks the bottom neckline then it could continue down OR if it breaks the head then it could continue upwards
potential head and shoulder on 4 hour time frame , has not broke the trend line yet.
It could make a double top if it wicks and then continue down IF NOT itll break the upper yellow trend line and continue upwards
if it hits above yellow trend line and wicks then its a sell OR it could wick at the 500 area and then be a buy cause the bottom yellow trend line is there on the 1 hour chart
its gonna do a double bottom and then hit the top red trend line because it is wicking multiple times at the bottom red trend line on the 1 hour chart. IF not It will break the bottom red trend line and then continue down
If it wicks at the yellow trend line then it could continue up and make a double top at the 500 area and then continue down OR it could break the yellow trend line and then continue a downtrend IF IT BREAKS THE 500 AREA THEN IT COULD JUST CONTINUE UP
wherever it breaks out , it will go in that direction watch for wicks to know where to enter
clear sell as it wicked at the top red trend line so until end of hour looks like a sell OR could go down from here to bottom yellow trend line and then wick and continue up back to red trend line OR could break yellow and red trend line and then continue down
if it wicks at the bottom yellow trend line then would be good to enter into a buy OR if it wicks at 66150 then its gonna be a sell
if there's a wick on the bottom yellow trend line then its gonna be a sell IF NOT at 32600 it wicks then its gonna continue down if it closes above 32600 then its a buy
if it wicks at 32500 then it could start going upwards because of 4 hour trend line IF NO it'll break the red trend line and then continue down
All depends on where the wick at the red line shows and if it touches the yellow line and wicks there then it could keep going down If NOt It could break the yellow trend line above and then continue up, but if it wicks at the top then thats a sell
it will it upper yellow trendline and then could continue down for a bit because of overall downtrend If not It could make a double top or triple top and then continue down from there , if it wicks at the bottom red line then i would enter a buy from there
potential head and shoulder to continue downward if it break the yellow and red trend line at the bottom OR continue up towards the red trend line but only if a candle closes above the head.