1) Dark Cloud Cover Bearish Reversal - Reliability - High 2) The candle stick pattern has occurred at the fib level 61.8%
1) Price has bounced off 61.80% fib level 2) Price is trading above 200MA and bounced off 50MA
1) Price has bounced off the 200MA 2) Price has bounced off a fib level of 61.80
Preference - Move to the upside
Preference - Long position above 151.329
Preference - Long position
Preference - Long position Comment - There is a rejection candle off a support level and the 90MA
Preference - Down Trend Comment: MACD has crossed below the signal line on the 4 hour chart. Price has now bounced off the 50MA on the 15min chart.
Price is at the top of the channel - potential area of resistance SO over is above 80 and moving down below 80
Support level / 150MA hit - expecting a rejection and an up trend continuation
Trend line daily chart - long Trend line 1 hour chart - long MACD daily chart above the signal line MACD 1 hour chart above the signal line RSI daily chart above 50 RSI 1 hour chart above 50