Price is moving away from Peak High Formation (around 108.00) and is being rejected from the 800 ema (on the 15 min timeframe). Is this a possible continuation of a downward movement? The 50 ema on the 1 hour chart is holding price at the moment. Could a break and close below this 50 ema confirm the downward move? If so, TP would be around the 105.350 area for me....
price is presently consolidating at level 1. Looking for the second push down to level 2
Bullish trend on daily, 4H and 1h timeframes. Bullish flag on 1hr indicating continuation to the upside.
selling off of the fib retracement, waiting for bearish candle to indicate a continuation to the downside.
Price currently holding at 4HR resistance (trend line). Looking for a sell back to the bottom zone