Monthly:
1. Double Top
2. Strong impulse
3. The price is close to strong support zone
Expect a little more drop.
But if I see trend reversal patterns
on lower timeframe I will switch to bullish.
Weekly:
1. Rejection from fibonacci and resistance level
2. Pinbar weekly candle
At the moment is bearish like a Monthly timeframe
Daily:
1. Rejection from resistance zone
2. Rejection from 61.8% Fibonacci level
Bearish like Monthly and Weekly
Expect drop to profit zone
4H:
My pending order is waiting for test with combination with 3rd dot and maybe fibonacci level.
1. Double Top
2. Strong impulse
3. The price is close to strong support zone
Expect a little more drop.
But if I see trend reversal patterns
on lower timeframe I will switch to bullish.
Weekly:
1. Rejection from fibonacci and resistance level
2. Pinbar weekly candle
At the moment is bearish like a Monthly timeframe
Daily:
1. Rejection from resistance zone
2. Rejection from 61.8% Fibonacci level
Bearish like Monthly and Weekly
Expect drop to profit zone
4H:
My pending order is waiting for test with combination with 3rd dot and maybe fibonacci level.