On closer look. there's not a signal to confirm to enter a bearish trend. yet....
Macd is already clear it will crossover between buyer and seller line for bearish trend that ready to occur.
though it's a great support within 200 EMA + 20 EMA is will be a hard line to break, my indicator is already tell that change of trend will occur at some point..
MACD
STOCHASTIC
RSI
www.tradingview.com/chart/l2eQSpR3/
Could the price action can escape from the jaw of bear? or it can perform a miracle by bouncing from 200 EMA and resume it's bull trend?
We will see how this is plays out...
my support line that i give an attention..
hard support around 200 EMA +- : 4750
minor support around 50 EMA +- : 4350
previous support +- : 4150
please share what your though as i also eager to learn about your idea..
peace,,
Macd is already clear it will crossover between buyer and seller line for bearish trend that ready to occur.
though it's a great support within 200 EMA + 20 EMA is will be a hard line to break, my indicator is already tell that change of trend will occur at some point..
MACD
STOCHASTIC
RSI
www.tradingview.com/chart/l2eQSpR3/
Could the price action can escape from the jaw of bear? or it can perform a miracle by bouncing from 200 EMA and resume it's bull trend?
We will see how this is plays out...
my support line that i give an attention..
hard support around 200 EMA +- : 4750
minor support around 50 EMA +- : 4350
previous support +- : 4150
please share what your though as i also eager to learn about your idea..
peace,,
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April 13 2019
bearish divergence in 1 hour.. ignore this post if the price do rise up... :))
lagging span (pink) already pointing down, but kinjunsen and tenkan sen still flat.. it still undecided whether to go. must be confirm in next couple of candle to see a clear direction in this indicator,