Strongly Bearish Market Price might re-bounce and wait for bullish candlestick formation then will be good opportunity to take long trade.
Short Trade i). Strong Bearish Structure Market ii). Formation of Shooting star at resistance area
Strong Sell i). Market had been rejected many times at top ii). Weekly show a strong bearish engulfing pattern
i). Form a evening star at resistance area ii). Strongly Bearish Structure Market
i). Might see the price retest it at 1.30854 ii). Possible entry time will be the bullish candlestick formation at the restested area. Feel free to correct me if I'm wrong. Thank you.
i). Price hit the hour Resistance at 1.09510 ii). Wait for the Double top formation at the resistance area and be patience to take the entry iii). If the candlestick formation is strong bearish structure with the combination of shooting stars might take a sell entry iv). For buy entry, anticipate breach the resistance area and retest it.
i). Shooting Star formation at the top
i). Weekly Chart show triple top formation ii). Price is currently strong bearish structure.
-In Day Chart, bearish structure market -In 4hr Chart, expecting the price breach the supporting area and retest at the area
-Expecting the price will continue uptrend until resistance area 0.99000 -Might see some retracement at 0.98350
-In Daily chart, the market is still on bullish structure. Although, the price movement is shifting downward,but, if the market price able to form a strong bearish engulfing candle (Compare to the previous daily chart bullish engulfing candlestick), might consider a sell trade -In 4hr chart, I'm expecting the price might fall to the supporting area 131. -The best...