EMA 200 looks a very good support/resistance curve over time.
If next candle in 4H would be well above this curve, there would be a bullish trend up to the next resistance shown.
If next candle in 4H would be well below this curve, there would be a bearish trend down to the next support shown.
If next candle in 4H would be well above this curve, there would be a bullish trend up to the next resistance shown.
If next candle in 4H would be well below this curve, there would be a bearish trend down to the next support shown.
Trade active:
Chart is evolving according to shown Support/Resistance area
Comment:
Again Rejecting by the Yellow Area Resistance, Testing again the Green Support Area.
Trade active:
Very good following the supports and resistance channel shown in chart... Again retesting the Support Area... Can we see a Triple Bottom and eventually a breakout to more down? Next 4 Candles Will show it
Trade active:
Goes to Yellow Area Again...
Trade active:
Again rejected by Yellow Area... waiting for Next candle.
Trade active:
Will go to the Green area
