Fibo - Searching for possible Entry which is "C1"
Daily Candle appear below ma20 which is unhealthy. As you can see in the chart, the ma20 just cross ma50 and rushing going down.
ma50 and ma100 is preparing for crossing, this is a good sign because ma100 will fall down and ma50 going up, anytime ma20 can follow to uptrend just waiting for a good signal for bounce.
You may Check as well on the Weekly time frame, ma50 can be respected - candle and ma50 can possibly meet on 110-117.
Green shaded with Cyan border - if you do zoom in, you can see a confirmation of breakdown.
"Personal Interpretation"
"Parental Guidance is advise"
"Trade on your OWN Risk"
I'm open on your own perspective, you may comment below.
Enjoy =)
Daily Candle appear below ma20 which is unhealthy. As you can see in the chart, the ma20 just cross ma50 and rushing going down.
ma50 and ma100 is preparing for crossing, this is a good sign because ma100 will fall down and ma50 going up, anytime ma20 can follow to uptrend just waiting for a good signal for bounce.
You may Check as well on the Weekly time frame, ma50 can be respected - candle and ma50 can possibly meet on 110-117.
Green shaded with Cyan border - if you do zoom in, you can see a confirmation of breakdown.
"Personal Interpretation"
"Parental Guidance is advise"
"Trade on your OWN Risk"
I'm open on your own perspective, you may comment below.
Enjoy =)
