DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
DRONE USA, INC, GENERAL ELECTRIC COMPANY, BANK OF AMERICA CORP, HELIOS AND MATHESON ANALYTICS INC, SPDR SELECT SECTOR FUND - FINANCIAL, RENNOVA HEALTH, INC.
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Two Patterns are merging in the small range. it potentially will result in hard sell.
High Probability Setup with confluence of strong support and resistance lines.
Potential Bullish Divergence if price turns up from the area mentioned in the chart,
sell the breakout.
Potential short scenario. details are on the chart.
It looks so simple!!!!!!!!!!!
Time based Idea.
Critical Area to Watch. if closes down in weekly closing will lead more sell off in the pair.
Just for test.
Bat is going to complete in support area.
Chances of success are high.
hard sell upon reaching the area.
Price is coming down to test key support area for further bullish boost.
Details are on the chart.
1. Weekly 200 SMA
2. Old broken trendline
3.Horizontal Support line
4.Fibonocci 61.8 Retracement
1.Falling trend line
2.H4 200 SMA
4.61.8 Fibonacci retracement
Long upon retest , TP is resistance mentioned in the chart.