perfect channel formed short off top reacted with moving average target is the same length of previous legs
Macd and rsi meet requriments and bounced off trend line
we have descending trend line meeting up with horizontal support with two moving averages meeting up also two fib levels meeting up. continuation of down trend.
Two trend lines meeting up abcd pattern leading up to zone 1.618 extension leading up to zone daily doji
channel forming. currently at top. reacted at trend line last night and is forming a double top right now. macd is about to cross over and rsi in a channel on daily time frame also todays daily candle is a doji. targeting bottom of channel. medium term trade.
we have structure to left we have trend line meeting with structure we also have a .382 retracment of main move up we also have a 1.618 of previous leg terminating at that point we also have an abcd pattern terminating there. lots of confluence.
trend line rejection plus weekly 50 day moving average rejection plus daily doji candles. wedge pattern recently broke out retesting it now. targeting .382 retracmet level of recent move down also there is structure there. I have been long since the trend line touch. we also have a double bottom on the 4 hour.
we have decedning trend line we also have horizontal structure to the left also its a .618 retracment of last leg down and macd is turning bearish and rsi is curling down
decending trend line on chart and rsi and macd on 15min is turning. doji on 30 min time frame and 50 moving average touch
we have a support line that held all the way from last year in september broken in january of this year and is now retesting it. we also have a .382 retracment of the initial down trend move that started in december. also macd and rbi are turning bearish.
tend line and moving averages are present. macd is tuning bullish on 15 and 30 min time frame. small risk
price has broken out of a trend line and now coming back down to test. tested many times and price is holding. 4hr macd is turning bullish and 50 day moving average is holding as support.
ascending channel tested support twice in last couple of hours. got in right at support which minimizes my risk by a lot. also have the 50 day moving average acting as support on the 4hr chart. also have some horizontal support.
two trend lines meeting up. rbi and macd are over sold. MACD looks to be turning soon.
trend line touch. also double bottom on 30 minute chart. also .50r retracement of move up
multiple trend lines meeting at current price point. Hidden divergence present and also macd is turning bearish. not trying to get to many points out of this.
There is an ascending trend line touch and also a descending trend line touch. macd and rsi are oversold. Macd is also close to crossing on 4hr chart. Also its .50 retracment of the rebound of the major crash.