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Short at resistance zone with 61.8 Fib level
Oversought in higher timeframe (W1 & D1). Bullish bias trade.
Trend line has been breakout and price has reversed back to resistance zone. Expecting a Good short opportunity.
Price has found retraces from the resistance zone/ 61.8% Fib level.
Price has pulled back to resistance zone. Perhaps a good short opportunity.
Expecting it to go lower to 61.8% Fib level before turns bullish.
Expected to move lower as supported by technical analysis
Expecting more bearish momentum to happen very soon.
Expecting price to go lower again from this resistance zone.
A strong resistance zone where price reverses back lower to support area.
Price has previously breakout the support zone and has pulled back to the resistance zone. Expecting to be a bearish bias trade.
Price is now in a downtrend channel. With price overbought at resistance zone, and currently running below the 200 EMA line, expecting more bearish pressure to move price lower.
Price has been spotted at the resistance zone where bearish bias is more probable to happen.
Strong resistance zone where expecting price to go lower.
Overbought in Daily and weekly timeframe. With strong bearish candle and overbought in H4 timeframe, expecting price to go lower until support trend line.
Price is now at resistance zone and it is overbought in weekly and daily time-frame. Expecting price to be bearish until support trend line.
61.8 Fib Retracement; Downtrend channel; Overbought Stoch RSI
Sell Limit at resistance level/ 61.8% Fib retracement.