Plan : Sell orders at 10.200 usd – 10.400 usd / Buy orders at 8.400 usd – 7.700 usd
Here We Go;
- Bearish Trend Line Broke and Retest (Bullish)
o This an important trend line comes through 20k downtrend, little tip about broken trend lines; buy when price pullback and retest trend again, we are in that move now
- Bullish Bat Pattern D leg at 6700 (Bearish) I’m not expecting that prices again, but have to say what pattern tells
o Bearish Bat Pattern Forming at 4H and D Leg Comes Around 10.400 We can see pullback from this level
- Double Top & 2618 Pattern; it comes around 10.300 – 10.400 range for pullback
- Huge Cloud Appears Difficult to Break (Bearish);
o Bigger cloud means harder resistance, makes it difficult to break
- Ema 20 and Ema 50 Resistances Are Makes It More Difficult
o Also Daily Bol Bands Basis Line Comes Between Ema 20 and Ema 50 (Another Resistance)
- Rsi going to test 50 level resistance;
o Very hard to break this resistance at downtrend
- ADX and DI Still Bearish
o Till Green Line Cross Up Red and Yellow or Red Cross Down Yellow
- Fisher Tried to Turn Green; Second Good Sign But Fisher Is Fast Indicator, So I’m Using It Mostly For Confirmation
Here We Go;
- Bearish Trend Line Broke and Retest (Bullish)
o This an important trend line comes through 20k downtrend, little tip about broken trend lines; buy when price pullback and retest trend again, we are in that move now
- Bullish Bat Pattern D leg at 6700 (Bearish) I’m not expecting that prices again, but have to say what pattern tells
o Bearish Bat Pattern Forming at 4H and D Leg Comes Around 10.400 We can see pullback from this level
- Double Top & 2618 Pattern; it comes around 10.300 – 10.400 range for pullback
- Huge Cloud Appears Difficult to Break (Bearish);
o Bigger cloud means harder resistance, makes it difficult to break
- Ema 20 and Ema 50 Resistances Are Makes It More Difficult
o Also Daily Bol Bands Basis Line Comes Between Ema 20 and Ema 50 (Another Resistance)
- Rsi going to test 50 level resistance;
o Very hard to break this resistance at downtrend
- ADX and DI Still Bearish
o Till Green Line Cross Up Red and Yellow or Red Cross Down Yellow
- Fisher Tried to Turn Green; Second Good Sign But Fisher Is Fast Indicator, So I’m Using It Mostly For Confirmation
Trade fechado: objetivo atingido:
Made an expected move