ConcordDeath

ConcordDeath

we reach very important level as shown on the chart follow the arrow instructions

ConcordDeath

we wait for shark pattern to be completed & bearish price action

ConcordDeath

we looking for the rejection at good resistance levels

ConcordDeath

as shown on the chart we will wait for bull back and price action for sell opportunity

ConcordDeath

as shown on the chart we expecting bull back and the strong sellers will be stronger to push the price down retest the heavy volume area of the buyers at the poc

ConcordDeath

we have clear crab pattern and expecting rejection level at the POC

ConcordDeath

We confirm the trend setup and description than we confirm the last shoulder has been created So just we need the last confirmation down crosse the POC level and retest it to take the short as shown on the chart

ConcordDeath

we confirm of strong rejection out of channel just we need to see more heavy volume of buyers push the price to the rally as we expecting as shown on the chart

ConcordDeath

we can see the same BLACKHOLE area was the the heavy buyers volume as a support now we expect the same level become a strong resistance as i called BLACKHOLE RESISTANCE as shown on the chart

ConcordDeath

we expect deep correction to the stronger support level with HVN before rising to the POC with good respecting for gann fan levels as shown on the chart

ConcordDeath

looking for retest the HVN as strong support level to bush the price crossing the POC as shown on the chart

ConcordDeath

we expect distribution expected for tow reasons first strong resistance area second head & shoulders pattern third heavy volume for sellers will push price to retest the support levels to become stronger to crossing the level as shown on the chart

ConcordDeath

first we have clear 4H BROKEN TREND so we looking for good retest support levels second we have strong POC crossing thats why we expect retest for acceptance price as support levels third we have strong crossing up the VWAP also we expect retest the VWAP center plus good sign of DIVERGENCE at 4H

ConcordDeath

AFTER STRONG REJECTION BY SELLERS AE STILL SEE THEM STRONG AND BUYERS JUST TRYING TO PUSH FOR CORRECTION SO WE EXPECT THE MOVEMENT AS SHOWN ON THE CHART

ConcordDeath

WE EXPECT GOOD REJECTION FROM UPTREND POC LEVEL AS RESISTANCE AREA AS SHOWN ON THE CHART

ConcordDeath

now we confirm that the correction has been started so we expect good rejection as shown on the chart

ConcordDeath

after good action by strong sellers we expect good reaction when buyers reach the strong levels were support become a resistance as shown on the chart

ConcordDeath

we expecting movement and reaction by strong sellers at the level shown on the chart