It bounced off at the 4h resistance. As it crosses the week support at the black dot line, it will go down deeper.
It retraced back to 61.8% and showing the tendency of another drop based on the fibo circle.
It is attempting to break out at the monthly resistance. Once it breaks, it will go up.
It's an odd pattern. All of a sudden, it broke out the up trend line and hanging there for a while. Usually it happens as a sign of a big change coming soon. Currently it's breaking out the flag area up and down. Short with SL over the 1.24400.
Broke out the resistance level(9325.9) and stopped before 200 ema (green). It will retest the resistance 8824 and 8348 and be sprung back up to the 9328.9 level for the next big leap.
LL/LH and doji candle appeared in the day time frame. Couldn't break out the middle dot line resistance.
Broke out the long bear trend(A) and coming down to retest the resistance level near the up trend line (B)
The strong bear trend will reach nearby the bottom of the support belt and then decide to go down further or up.
It is below the strong resistance level. It will come down near the support line and attempt to go range market for the next big leap.
It will hit the resistance line and retrace until it hits the bottom trend line. It will break out the resistance line eventually.
When it break out the bottom trend line, time to sell until the major support line.
Coming down after LH and will hit the bottom trend line.
It has been crawling up the trend line mostly under the middle line and is showing the violation after the 2 times test the bottom trend line.