KristiTeli

KristiTeli

Price is approaching resistance levels as shown in the chart. Stoch is also approaching resistance level on H1. Good opportunity to short with great R2R ratio.

KristiTeli Updated 

On 1D and 4H its a short signal as it has reached the 61.8% retracement, Stoch has bounced on resistance and its on 50EMA on 1D. Trendline is broken. But on 1H EMA is still supporting the price so we have to wait for it to break the EMA. The action has already started on 15M and 5M so it may be noticeable soon. Wait for confirmation or sell now with small lot. Trade safe!

KristiTeli Updated 

Bounced on 61.8% retracement and 161.8% extension. Trendline acting as support. Also Stoch bounced at support.

KristiTeli Updated 

Price is approaching support and 50% retracement. 200EMA on 1H is also acting as support. Wait for confirmation and breakout on 5M and 15M and Buy. 2 TPs

KristiTeli

Price is on resistance (FIB and Horizontal swing). EMA acting as resistance on D1 and H4 but on H1 its still acting as support so either risk or wait for confirmation on lower timeframe.

KristiTeli

Price has been rejected 3 times at 61.8% retracement. The descending wedge is coming to an end and we will wait for breakout and correction and buy. Price is on resistance on EMA so we need to wait for breakout on that too. Watch lower timeframe for confirmation. Great opportunity with a high R2R ratio.

KristiTeli

Just broke 50% FIB. EMA acting as support on 15M and 1H.