We're at resistance here with hidden bearish divergence on the hourly chart. I've seen this kind of setup before and it COULD breakdown from here.
Bulls want to park it above 3900 for the day, Bears want to see this resistance area hold and reject price.
If we break down, it could be for a move lower to Z.
Bulls want to park it above 3900 for the day, Bears want to see this resistance area hold and reject price.
If we break down, it could be for a move lower to Z.
ความคิดเห็น:
backtest of trend break
ความคิดเห็น:
so far it's a rejection at that level. I'm wrong if it gets over the previous highs. Very possible it does that still.
ความคิดเห็น:
Could be a leading diagonal pattern, again invalid over previous highs
ความคิดเห็น:
looks good so far
ความคิดเห็น:
now a break of the trendline from recent low.
ความคิดเห็น:
needs to fall from here, over 3880 and the count looks wrong.
