RSI sign VPVR sign every thing is possible might happen
for opening a position you have to have enough reasons. and I have enough justification for my self to open 2 short with different lot sizes and my reasons are : resisted from resistance cloud gap macd cross in 1H TF momentum harmonic bearish CRAB baseline Ichimoku flat good space in RSI to fall it's better to trust your analysis, for me these are enough to...
nothing is 100% everything is relative but we can guess the possibilities and opportunities due to the power of knowledge.
It's just an idea, I would appreciate it if everyone comments on it
ema 200 is strong support, and until it continues to support the price trend is stable. there could be another attempt to breaking the EMA if you do not want to risk a lot wait until the next reaction
in a few weeks, we will reach the major resistance, by breaking it the new path for a long target will be available. be touching EMA 200 a good and strong floor was made and if the major resistance rejects the price down that floor is the most strong support after EMA 200.
static resistance channel midline thickness of kumu at the very end baseline of ichi resisting RSI position the retails news which was negetive all of them tells me that price will fall its is very probable for price to fall to green area. in this scenario after falling to the point we will start a new 1st major wave time will tell us every thing
the candles are in a very important situation, a very good and strong dynamic resistance with 4 touches, a good and strong static resistance with multiple touches and breaks, and eventually the EMA 200 which could act as a perfect strong resistance, if the candles could break this area and more important accept the test after breakout . we will have a bullish...
as previous analysis we are in a 4th major wave which needed to a 5 count waves for completing, as we see we count consider the minor waves as 1,2and3 we need a minor 4th bullish then a 5th minor for bearish to complete the sub 5 waves pulse. lets see what will happen
as old prediction after the break out ( kumu and EMA 50 ) the fall started , lets see what will happen this time
selling would be beneficial at this point
as I analyzed before the trend of the waves are the same and the same strategy will happen. I believe that if the price stabilizes under the midline of the bearish channel or the bottom green area could tell us that the chart started its bearish impulses.