UnknownUnicorn2122578
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since Jan 12, 2018
chartpattern
indicator
trendanalysis
waveanalysis
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-Completed full Elliott wave impulse and correction following strong fundamental -Followed by a bearish Head and Shoulders pattern resulting in negative price action -Fundamental (strong news - but interpreted poorly by market participants) resulting in panic sell over past 2 days. Price action preceded fundamental -RSI oversold on hourly - reversal imminent...
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With Trendlines added from lows and highs
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RSI trendline is interesting, underbought at 33 Rejected by 50 MA and looking for support at 7.25 first then 6.75
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Support and resistance levels Retracement from High
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Fibo retracement accurate Bouncing off lower trendline Breaking upper trendline BB squeeze MACD hovering @ zero and tight Elliott Waves for fun
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