Todd98

Todd98

Chart explains my thoughts. I would love to be wrong on this.

Todd98

Confluences: - Possible 3rd touch of bullish trendline - Area of resistance could offer support - Area of possible support falls around the 0.618 Fib level - Possible touch of the 50 EMA I'm fairly confident that this trade will come off but it is worth noting that price was recently heavily over bought according to the RSI I will be waiting for price to...

Todd98

Confluences: - Break and possible retest of bullish trend line - Recent Double top formation - Price appears to be making its way to an area of interest between the 0.5 & 0.618 Fib levels (area of support turning into resistance) - Possible touch of the 50 EMA I will be waiting for price to retrace further into the area of interest then obviously waiting for...

Todd98

We seem to have seen price hit an area of support which is what I was expecting as it’s broken the bearish trend line and retested it. Hopefully we see price move upwards from here.

Todd98

Price hit a level of resistance so we should see it head downwards