FosuaForson

FosuaForson

-uptrend movement - might see bullish movement on 1H chart * previous support and resistance FINGERS CROSSED!

FosuaForson

- heading into the new month of October with a close above previous candle suggesting trend change - Touch of 61.8% Fibonacci level, looking for a clean bullish momentum

FosuaForson

Hourly Sell 61.8% retracement on 1h - Stochastic indicating reversal - market to reach 1.15335 (strong zone of structure) - before potentially signalling head and shoulder pattern - *potential bullish momentum to come if price respects zone and does not breakthrough

FosuaForson

- RSI approaching overbought area - Stochastic anticipating reversal -Looking left zone confirms key area of structure both as support & resistance - Strong Trendline on Weekly - RSI Divergence on Daily *Anticipating a harsh sell mostly on 1h chart, before retracement then continuation into sell position

FosuaForson

Selling Oppotunity - 61.8% Fibonacci Retracement bounce off - No breakthrough of zone - Previous key structure - Previous support = New Found Resistance

FosuaForson

Downtrend/ Selling continuation previous structure level being used a resistance RSI bouncing off overbought region Red line indication of strong structure level that is being respected

FosuaForson

Price downtrend continuation - Trendline Respect - 61.8% Fib retracement level - Daily stochastic anticipating reversal

FosuaForson

* Selling Opportunity - Price respecting downtrend - With 61.8 Fibonnaci retracemtent - Previous level of structure use of support now becoming resistance