Test monthly resistance level.
50% retracement.
4hr high test candle.
If we get a bearish close on the next 4hr candle this will be taken short. Targets are at 50% and 61.8% of previous swing.
50% retracement.
4hr high test candle.
If we get a bearish close on the next 4hr candle this will be taken short. Targets are at 50% and 61.8% of previous swing.
Comment:
A nice 4hr evening star is potentially forming, giving this yet another confluence.
Comment:
Never got our evening star sell signal.