If doesn't look like trend line will be broken. Im entering a Short at 317 with a target of 225.
Ichimoku is bearish and strong resistance at the bottom of the cloud. Also price is perfectly aligned with a 50%-61.8% fib retracement signalling that we are still bearish.
Finally volume is going down and this signals weak momentum.
Ichimoku is bearish and strong resistance at the bottom of the cloud. Also price is perfectly aligned with a 50%-61.8% fib retracement signalling that we are still bearish.
Finally volume is going down and this signals weak momentum.
Trade active:
If you followed my trade hold your short!
We need to close down below the 288 mark in the 4h and next critical level is at 260.
If we breach both levels then 225 or lower is a must.
Good Luck!
We need to close down below the 288 mark in the 4h and next critical level is at 260.
If we breach both levels then 225 or lower is a must.
Good Luck!
Trade active:
Close the trade if we break 305 and hold.
Good Luck
Good Luck
Trade active:
Trade still active as bulls where not able to break through. I expect a 260 support and next point of interest. If we break 260 then 225 or lower.
Good Luck!
Good Luck!
Trade active:
260 level reached! If we break 260 then all the way to target!
Good Luck!
Good Luck!
Trade active:
Trade still open. Only close if price closes above 285 on the 4h.
Target still 225.
Good luck.
Target still 225.
Good luck.
Trade active:
Short still open!
Trade closed: target reached:
Trend Line reached! Closing Short from 317 to 235. Thanks for Following!