- Appears that we will close the week with 2 almost perfect dojis
- Also appears to be the start of a stochastic cross
- I've highlighted the previous areas with even decent dojis and stochastic crosses
- This is all happening at former price support turned into resistance
- The ATR seems to be following a Fibonacci confluence very well, and I see it as more likely that volatility will continue to rise as would be necessary for a renewed decline
Cheers
- Also appears to be the start of a stochastic cross
- I've highlighted the previous areas with even decent dojis and stochastic crosses
- This is all happening at former price support turned into resistance
- The ATR seems to be following a Fibonacci confluence very well, and I see it as more likely that volatility will continue to rise as would be necessary for a renewed decline
Cheers