Price tested the top on 5-th of May-19 and reversed from a strong Engulf candle on 240 min on Daily chart. This gives us a strong bearish signal. Price formed a H&SH for continuation move down, violated the trend and found support on 200 EMA. Now after price tested the trend line again and 200 EMA on 60 min chart is a good opportunity in my opinion for selling.
TP1 is the next trend line
TP2 is AB=CD move
Trade with care!
Good Luck!
TP1 is the next trend line
TP2 is AB=CD move
Trade with care!
Good Luck!
評論:
Daily chart
評論:
GAP filled. Potential drop.
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