The ascent was powerful but now Pivot formed on the roof of channel. The evidence shows that we are in a channel and now we are moving in a downward direction to test the midline. Signal line of CSRS turned to red that is a bearish sign. In 15min resolution, a negative divergence forms at the channel roof, which is another confirmation. I think pullback to the broken line is the ultimate goal, not the midfield. In the mentioned range we also have fibo 61% and of course dynamic supports of fiboMA.
*During the time I was thinking and writing the price dropped as 2$ :|
交易進行
I think we will have another downward movement
交易結束:目標達成
After hitting our target, it goes up
交易進行
Its crossed over from resistance price entered to a new uptrend
手動結束交易
Volume decreased and a divergence detected in lower frames. I think we will see another pullback to latest resistance which broken.
註釋
I will continue the analysis in another new idea..so this will not update anymore good luck