Sell if it breaks below the 50% retracement
I had this Idea on 7th Dec , Its an elliot wave but on abc level. I will soon close my last position on long. buckle up we go short soon
Breakout below the cloud Bearish divergence Lagging green line below the cloud
the price held on to 21-ema and pulled back down, stochastic divergence, I anticipate continuation in downtrend
A Simple breakout from the support, it may indicates a new down trend
falling flag broken, Ichimoku Crossover
If the price finally break through the resistance line, we will have a nice impulse up to the next support. for now the resistance is very strong though, on the other hand ichimoku level is holding good so far we will have to wait to see the breakout to enter. : )
gotta trust ichimoku. Remember its a 4 hour chart, its gonna take a while. Be aware of your stop loss and positioning.
price touches the conversion line on 4h chart again, possible continuation in down move/ good opportunity to sell