On the chart we can see the bearish absorption pattern , it's confirmed by the volume .
This pattern is a sign of a reversal movement , be careful.
Keep focused on the confirmed trend line.
This pattern is a sign of a reversal movement , be careful.
Keep focused on the confirmed trend line.
Comment:
The support zones
Comment:
The price confirmed the previous resistance level as support.
Focus on the closure of the next four hour candle.
Focus on the closure of the next four hour candle.
Comment:
The trend line was broken and the price fell below the previous resistance level.
Now the price is testing this level.
Let's see what happen next
STATUS Don't trade
Now the price is testing this level.
Let's see what happen next
STATUS Don't trade
Comment:
Comment:
Importantly
The morning doji star
in case of the closure of the four hour candle above the maximum of previous candle , we will can see the "morning doji star"
This pattern shows the weakening of the bears and change of the movement.
The morning doji star
in case of the closure of the four hour candle above the maximum of previous candle , we will can see the "morning doji star"
This pattern shows the weakening of the bears and change of the movement.
Comment:
the failure
Comment:
The bearish absorption on the day chart , it's confirmed by the volume , be careful
Comment:
Compare the bars.
The volume is about the same , but the candles is very different.
In my opinion it means that there is no buyer.
Be careful.
The volume is about the same , but the candles is very different.
In my opinion it means that there is no buyer.
Be careful.
Comment:
The accumulation of positions in the blue rectangle.
Wait for the four hour candle to close.
Wait for the four hour candle to close.
Comment:
The small volume and the suspicious movement , be careful
Comment:
maybe it's the evening star pattern , be careful
Comment:
The volume increases when the price falls , this is the bearish sign.