Todopoderoso

Todopoderoso Updated 

we clearly see that we are at the top of the linear regression channel. with a strong resistance at 292. we also notice the decreasing volume in this rally which is a bad sign. we can also see the trend line which ends around April 29. monday we can see a possible retrace to ~279. . should we close below 278 the rally would be over.

Todopoderoso Updated 

200ma on the 2hr acting as resistance now. fib levels takes it lower and mfi its overbought . with strong resistance at 288 292 shorts can be open now but if close above any of them take a loss and wait untill next shorting oportunity

Todopoderoso Updated 

we can see that es1 broked the trend line started april 2nd thurday april 16 . and friday it tried to break above it again but failed. it could try to break above it again but first needs to break resistance at 288.5 the mid line from the linear regression channel also coinsides with the 288.5 and macd shows a bearish divergence , even though the divergence...

Todopoderoso Updated 

we can see stoch rsi being overbought. and we are at the top of the linear channel. i expect a retrace to the 0.1830 level if not lower.

Todopoderoso Updated 

still in a short with non existing volume will be hard to close above 21MA on the 4hr