Daily chart is bearish. Hourly chart is bullish. 15 minute chart has both a triangle and horizontal channel. The most recent pattern is a channel up which will most likely head towards the 5 touch level of resistance.
Daily chart is bearish. Hourly chart is bullish. 15min chart shows channel up. Expect channel up to continue to form a higher high. Stop on the second nearest support level. Take between the next two resistance levels.
Daily and hourly charts are bearish. On the 15min chart the bullish channel was broken by a thick bearish candle. Possible continuation towards the next 2 support levels. Keep stops tight as the market may reverse back into its bullish channel up.
Daily and hourly charts are bearish. Descending triangle formation is emerging. Stop just before the next resistance level. Take just before the next support level.
Must break through 2 bullish resistance levels for a take profit, and 2 bearish support lines for a stop loss. Even though daily and hourly chart is bearish, i expect a short term bullish rally for the inverse head and shoulder pattern to be honoured.
Daily chart is bearish, hourly chart is bearish, 15min chart says a possible bearish bounce. Take just after the next support line. Stop before the third resistance line.
On the daily chart we have bearish sentiment. On the 1 hour chart it is still bearish. A channel down is forming. Expect this channel to continue and breach the previous swing low.
1 hour timeline suggest bearish trend. In 5min timeline it is currently ranging in a channel and about to break out. Take profit at previous swing low. Stop loss at just above previous swing high.
