GA Weekly outlook
Weekly: clearly more sellers in the market then
buyers, buyers have continuously to push price
up and break 1.80000 but there is just to much
selling pressure at that level closed as a strong
bearish candle stick rejecting 1.8000 50SMA and
the 20SMA
Daily: Price closed bearish rejecting both moving
averages respecting them both as a level of
resistance and engulfing the previous day
looking for price to pull back before continuing
bearish move
H4: Looking for price to do 2 things either find
support at a strong level of support then push
up to make a new LH before coming back to
test or break support level or for price to break
and close below support then retest it to see
if it can hold as a level of resistance before
continuing the push down to the next level
of significance
Weekly: clearly more sellers in the market then
buyers, buyers have continuously to push price
up and break 1.80000 but there is just to much
selling pressure at that level closed as a strong
bearish candle stick rejecting 1.8000 50SMA and
the 20SMA
Daily: Price closed bearish rejecting both moving
averages respecting them both as a level of
resistance and engulfing the previous day
looking for price to pull back before continuing
bearish move
H4: Looking for price to do 2 things either find
support at a strong level of support then push
up to make a new LH before coming back to
test or break support level or for price to break
and close below support then retest it to see
if it can hold as a level of resistance before
continuing the push down to the next level
of significance