as long as we are in this bearish channel, we are in a bearish/sideways trend, for me first bullish sign is to break and retest this channel.
Comment:
Fibo 0.5 and 0.68 are 2 important areas that could indicate the supply and demand zone, passing 0.5 and breaking 0.68 for me is a short-term bullish sign, and otherwise reacting to 0.5 and failed to break out would be a short-term bearish sign for me.
Daily time frame
Daily time frame
Comment:
ding ding ding , as I expected, the price broke up, now it depends on on-demand power, there could be a pullback to the bearish channel to confirm the break .
let's see what will happen
there is 3 possible scenario for me
let's see what will happen
there is 3 possible scenario for me
Comment:
15m time frame , hidden divergence
Comment:
hell yeah, will we reach the next target or no?
from rsi perspective in a daily time frame, we have enough power to go there but in lower time frames we need to rest for a couple of candles to gain power .
from rsi perspective in a daily time frame, we have enough power to go there but in lower time frames we need to rest for a couple of candles to gain power .
2nd target: purple static channel midline
3rd target: top of the purple static channel
in my opinion, we are still sideways, all these days was just a minor motion in the market.
it's just my idea