mgeretti17

mgeretti17

Price has broken support and is currently retesting it as resistance. I'm waiting for bearish price action around this area, ideally a pin bar/clean rejection of resistance. If price breaks this area of support turned to resistance then I will look for price to reject the strong bearish trend-line formed on the Hourly chart. I am looking for the price to break the...

mgeretti17

Price will pullback to the golden level, get rejected by the 20MA and continue on in a downtrend. Price has been rejected by a strong level of resistance or the past 4 days with the last of these 4 days making a bearish move.

mgeretti17 Updated 

Price has failed to break resistance for the 5th time. Price is oversold on the RSI(6)