alibadshah

alibadshah

Price broke the recent bull run to the downside and is in a formation of triangle since then which is best to be avoided because of it's choppy behaviour Until the confirm real breakout which needs to be corrected in the opposite direction of the breakout and i mean correct not in an impulsive manner or it may reverse immediately being a fakeout trap..

alibadshah

You can clearly see in 4h the same weekly trendline being respected again and happened twice earlier and every time the price touched it went in to deeper corrections..

alibadshah

Weekly chart price just broke the ath recently but failed breaking the weekly resistance to the ups and closed with huge wick decline "hammer candlestick pattern" and now is just retracing to go more deeper down.

alibadshah

Dear Traders, I can count Wave A and B and expecting a very sharp and steep downward price movement as wave c. Be very careful.

alibadshah Updated 

Trend continues to the downside after the bigger correction for final leg down. See the chart for reference and tp.

alibadshah Updated 

Dear Traders, I see broken Trend Line which may cause the weekly trend reversal as anticipated. Regards,

alibadshah Updated 

Hello Traders, What I see in the charts is what I am here to share with you guys, it's not a financial advise just for the fun of it and educational purposes to prepare what might come next. 1. RSI Divergence. (Bearish). 2. Declining Volume. (Bearish). 3. Weekly Broken Support. (Partial Bearish as it may be tested one more time because the price is already at...