WolfOfAltenmarkt

WolfOfAltenmarkt

nice downtrend trendline resistance 20ema resistance bearish engulfing bar formation

WolfOfAltenmarkt

resistance turnes into support area sellers turn into buyers - bullish pin bar occures 20 ema and 50 ema act as support area

WolfOfAltenmarkt

bearish pin bar on daily 50 ema on daily res area on 4 hr order, angle and separation of ema's nice bearish engulfing sets an impuls to the downside this is just my oppinion ... what do you think?

WolfOfAltenmarkt

resistance turned into support area. price action shows a ringed low phase one could start again in order to rise the price.

WolfOfAltenmarkt

price is hitting resistance. bearish engulfing bar. 200 ema as resistance fib lvl 50%

WolfOfAltenmarkt

broke support which possibly is turning into resistance buyers turned into sellers. bearish pinbar occured. there is still room for more bearish action. what do you think about that ...

WolfOfAltenmarkt

resistance turns to support 20ema support

WolfOfAltenmarkt

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WolfOfAltenmarkt

leaving trend channel ema's building res cluster bearish engulfing price bar

WolfOfAltenmarkt

bearish engulfing bar 20ema res area downtrend

WolfOfAltenmarkt

OVERBOUGHT RES AREA

WolfOfAltenmarkt

WEEKLY RES AREA CURRENCY CREATED A LOWER LOW 50 AND 20 EMA ACT AS RES AREA NOW

WolfOfAltenmarkt

Sellers turned into buyers again.

WolfOfAltenmarkt

up trend 20 ema support tiangle up pinbar bullish

WolfOfAltenmarkt

up trend 20ema support bullish pinbar

WolfOfAltenmarkt

trendline support bullish candle formation - pin bar

WolfOfAltenmarkt

IT FAILED TO CREATE A LOWER LOW. IT SEEMS LIKE A DOUBLE TOP IS FORMING. ALSO TREND STRUCTURE WAS BROKEN.

WolfOfAltenmarkt

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