bearish momentun
The price is making a series of HH and HL respecting the fib levels of 50% and 0.618 as it keeps moving higher a nice risk to reward of 1.3
The price is doing a series of lower highs as the price moves down , the previous day close was bearish as well
The Price failed to take the previous low its now making a series of higher highs and higher lows the price is respecting the fib levels of 50% and 0.618 very well its currently at a range, it could break either to upside or retrace to fib levels
even tho the daily closed bullish i still believe in further downside
TESTING 0,618 FIB LEVEL POSSIBLE PUSH TO THE DOWNSIDE
weekly resistance tapped in
CURRENTLY SITTING ON H4 SUPPORT LEVEL... RECENT WEAKNESS DUE TO DOLLAR STRENGH... A RATE HIKE IS EXPETED IN THE NEXT FEW HOURS FRON 0.50% to 0.75%
broke above 9.5k
HEAD AND SHOULDERS
DOUBLE TOP
SELL
COUNTER TREND LINE BROKE
BOUNCE OFF MAJOR SUPPORT LEVEL
WEEKLY BEARISH ENGULF
DAY TRADING
MA crossover, tripple top and break of trend line
Retest of broken support and trend continuation
