Hello friends
Has the direction of the price trend changed or is the trend still downward?
It seems that the price trend is still downward
- In the daily time frame, a triangle pattern is formed
- In the 4-hour time frame, the price has met a strong resistance
- In the 1-hour time frame, it seems that a double top is forming
- In the time frame of 30 minutes, two dojis and then a descending candle have been formed
- In the time frame of 5 minutes, it seems that the upward trend line has broken down
- In a few hours at the end of the trading day, the indicators (volume & RSI) have diverged with the price trend
....
Note: This is a personal opinion and the market is not 100% predictable, we do not risk more than 3% of capital.
be profitable
If you agree with my opinion, please like
And please comment your opinion below this post
I will be glad
Has the direction of the price trend changed or is the trend still downward?
It seems that the price trend is still downward
- In the daily time frame, a triangle pattern is formed
- In the 4-hour time frame, the price has met a strong resistance
- In the 1-hour time frame, it seems that a double top is forming
- In the time frame of 30 minutes, two dojis and then a descending candle have been formed
- In the time frame of 5 minutes, it seems that the upward trend line has broken down
- In a few hours at the end of the trading day, the indicators (volume & RSI) have diverged with the price trend
....
Note: This is a personal opinion and the market is not 100% predictable, we do not risk more than 3% of capital.
be profitable
If you agree with my opinion, please like
And please comment your opinion below this post
I will be glad