4 dojis, 1 pin bar, 1 evening star, all this in 1H. Also in 4H chart we do have 2 dojis and 1 pin bar. We can have a creation of a evening star aswell. Its na uptrend but created a triangle so it is going short in order to keep completing the triangle. 1H chart divergence, RSI. 3 Pushes?
1H chart we have 6 dojis in a row. On 4H chart i can tell we have the formation of a morning star. Also Pin bar created in the end of a downtrend. Just broke the weekly support, the strongest support ever. 1H, RSI. Falling wedge and if my analysis is correct it will create a HS. Supp line false breakout i believe. Respecting a falling wedge. Divergence 4H,...
We can find many dojis in 1H and in 4H. On weekly chart we have a bullish pinbar right on the trendline and support line. Its recovering from a big fall but its respecting the creation of a channel upwards. It is now in a support zone and reached a trendline. Divergence 1H chart, RSI.
As we can see we have a divergence forming on RSI + many dojis in a row showing weakeness. Fibonacci starting from 114.516 to 124.478 explain this rallie till the 50% (119.497). Also with the other Fib. if we buy the dip we can see that the 50% is exactly on the resistance. Not forgetting about both tredlines. Leave your comment with your opinion please. Thanks.
Thats my idea, I would like to know what you guys think about it.