There's a strong resistance at this level where several pattern's are colliding for bearish movement
MACD 4C shows divergence and EMA's indicate double top
Good Trading. -1h Chart
MACD 4C shows divergence and EMA's indicate double top
Good Trading. -1h Chart
Trade active:
MACD 4C was correct with divergence and got a bearish impulse right away.
At this point 2nd TP of this Gartley has been completed, we can expect some type of pullback or retracement for bearish continuation or if price is strong it can continue bearish.
Good Trading. - 1h Chart
At this point 2nd TP of this Gartley has been completed, we can expect some type of pullback or retracement for bearish continuation or if price is strong it can continue bearish.
Good Trading. - 1h Chart
Comment:
Bullish retracement has happen and now expect bearish continuation.
Good Trading. -15min Chart
Good Trading. -15min Chart
Comment:
Double Top
Good Trading. -15min Chart
Good Trading. -15min Chart
Trade closed: target reached:
Trade has been completed.
Good Trading. -1h Chart
Good Trading. -1h Chart
Expect retracement or some type of consolidation
Good Trading. -15min Chart