1. Head and shoulder structure is forming
2. About to break trendline also
3. Let the trend line to be broken and bounce back on it
4. Upon the strong rejcetion after touching the trendline, can enter the trade.
***Please note that this is my idea and not an investment advice***
1. 200 EMA is turning
2. Expecting a bounce back on 200 EMA
3. Resistance level is breaking
4. New trend line is forming
If movement of candles follow the predicted path, we can enter the trade. Lets wait and see...
Note that this is not an investment advice...
1.Upper trend line is broken and has bounced back on upper trend line
2. Febonacci 0.5 line has supported the bounceback
3. There are two full green candles supporting bounceback
Therefore seems like old trend is over and new uptrend is creating.
This is just an idea not an investment suggestion.
1. Trend line is broken
2. Head and shoulder structure is formed
3. Bounced back on S/R line
4. There is a clear rejection candle on S/R line
So I expect a short trade
***Please note that this is not an investment idea***
