moholmes14

moholmes14

1. Price respected high 2. Hits supply zone 3. Double top formed on 1H 4. Price broke trend line 5. Price heading towards avg

moholmes14

1- consolidation showed clear swing from upside to downside 2- price hit supply and demand zones 3- price broke trend to support zone theory 4- MA crossed over EMA to confirm sell 5- possible wide head/shoulders on 2H

moholmes14

found a few confirmations for possible buy. listed on chart

moholmes14

ETH at zone to signal bearish movement. break of the trend line will be extra confirmation

moholmes14

etc seems to like this zone. market turns bearish from here based on past

moholmes14

USD JPY support an demand Zones on 2 HR chart. price seems to drop or increase for a few hours when these zones are hit