Monthly:
1. Possible Double Top after big impulse
2. For now Monthly timeframe look bearish
Weekly:
1. Three Doji candles from last 3 weeks This means that buyers and sellers had equality in the market and now this week the price just brake support level and it’s look like sellers is more powerful and this weekly candle will close above the support.
2. For now Weekly look very bullish too
Daily:
1. Great impulse
2. Brake of strong previous lows and now we have to wait for correction.
To mesure correction we need to add fibonacci from this high to this low and to wait the price to reach and retest the breakout of the structure. This structure now will acting as resistance and is very possible to see another impulse to the down side after touch.
1. Possible Double Top after big impulse
2. For now Monthly timeframe look bearish
Weekly:
1. Three Doji candles from last 3 weeks This means that buyers and sellers had equality in the market and now this week the price just brake support level and it’s look like sellers is more powerful and this weekly candle will close above the support.
2. For now Weekly look very bullish too
Daily:
1. Great impulse
2. Brake of strong previous lows and now we have to wait for correction.
To mesure correction we need to add fibonacci from this high to this low and to wait the price to reach and retest the breakout of the structure. This structure now will acting as resistance and is very possible to see another impulse to the down side after touch.