As evident from the chart we can see that a resistance level is respected.
We might see a trend reversal here .
Long strategy would be advised. Stop loss should be kept rational.
There is a set of Lower Highs and Lower Lows with significant bearish candles suggesting the bearish trend is going to continue for sometime.
Stop loss should be inserted.
There seem to be a buying pressure and suggesting a trend reversal.
Buying should be distributed among first and second Higher low
Stop Loss should be rationalised accordingly
After a series of higher high's and higher low's we have seen a trend reversal.
There are series of Lower Highs and Lower Lows therefore short would be advised.
Rational Stop loss level would be advised.
After a set of Higher Highs and Higher Lows we see trend reversal signs like Lower Highs and Lower Lows
Candles like Three Black Crows suggests that the trend is reversed there fore shot strategy would be advised.
We have observed a strong buying pressure bullish trend is expected to continue for a while.
Reasonable level of profit to be expected.
There might be a trend reversal soon.
Long strategy would be advised.
The Bullish trend is expected to continue as there still appears to be buying pressure here.
Long strategy would be advised.
As we are observing serious higher highs stop loss levels should be rational.
After going through a bearish trend with one adjustment Higher High and Higher Low has been observed.
It might be a sign of trend reversal as at the most recent Higher Low buying has been observed.
This hour would decide the ultimate pattern.
Bearish trend with slight adjustments is observed
Short Sell with rational stop loss would be advised
Accumulation phase might be observed after some period
