bigrediska

Realistic scenario.

The first trend candle.

The double confirmation of the trend line.

In my view, all the way to the continuation of the rise is securely blocked by serious levels of resistance. Already there is a serious negative momentum. It is problematic to make a profit here, but to reach the break - even point and see what will be-it is quite real.

The signal lines.

To which I drew attention.

So, we've reached 2/3 of the level of correction of Fibonacci. And, at the same time, the upper border of Bollinger bands. Yellow candlesticks tell us to get ready. On the other hand, the downward trend is still weakly expressed. In addition, we see the continuation of a series of trend candles.And the main thing is that the trend line (gray) is not damaged yet. ...

The third wave began.

The price bounced off the upper border of the downward trend. This means that we will be able to move the stop order all the time.The fall occurred on the day of publication of the quarterly report.This fact sets the direction for the next three months.

Open short positions at the end of the wave 2(C).

Buy with the appearance of the first trend candle above the signal line.

Buy on a double rebound

I see more signs of weakness.

Automatic sell signal.

The downtrend is born.

Open the longs after the appearance of the first yellow trend candle outside the triangle.

The downward trend line is broken.

The first trend candle.