Alright lets see this one ...
Descending channel
Bottom line of big ascending triangle tested
Possible divergence in rsi
Possible test for top line in channel
We see a whale(bear one) changed the game today and bulls showed us their power and their lovely price(8800) again, it seems they dont like to lose this price ...
If you see a resistance and break out rejection by rsi, it means we are going to test 8800 again, but if you see a break out here ... it means mid line cant hold the position and it means we are going to test upper resistance(9600)
So as always ... I recommend you to enter your position after confirmation ...
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
Descending channel
Bottom line of big ascending triangle tested
Possible divergence in rsi
Possible test for top line in channel
We see a whale(bear one) changed the game today and bulls showed us their power and their lovely price(8800) again, it seems they dont like to lose this price ...
If you see a resistance and break out rejection by rsi, it means we are going to test 8800 again, but if you see a break out here ... it means mid line cant hold the position and it means we are going to test upper resistance(9600)
So as always ... I recommend you to enter your position after confirmation ...
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
Comment:
Awesome ...
This is the right time to form another HL in rsi ...
Just as I planned ...
Breaking the resistance line and confirming it(It should be upper the line for a candle), means short idea rejected ...
Good luck guys and be in touch
This is the right time to form another HL in rsi ...
Just as I planned ...
Breaking the resistance line and confirming it(It should be upper the line for a candle), means short idea rejected ...
Good luck guys and be in touch
Trade closed: target reached:
9k reached as I planned.
Do something