The market gives us this early signals that the price action will retrace anytime soon. I'm expecting this because we saw an massive upward move recently and in order to sustain the new trend, the price must correct and build a healthy market trend.
My bullish sentiment will be completed when the price fall down to it's gap, that gap must be filled to correct the price.
RSI Stochastic fails to make a momentum
MAs are under 100 and 200
Price action, double top.
Trade at your own risk
Plan your trade. Trade responsibly.
My bullish sentiment will be completed when the price fall down to it's gap, that gap must be filled to correct the price.
RSI Stochastic fails to make a momentum
MAs are under 100 and 200
Price action, double top.
Trade at your own risk
Plan your trade. Trade responsibly.