H4
Daily
Weekly
What to do now?
- Break out the head&shoulder neckline
- under the pressure of 200 EMA (white line)
- MACD showing the bearish momentum
- Stochastic dead cross at the bottom
Daily
- MACD showing a strong bearish momentum
- MACD line and Signal line dead cross at the top
- Histogram of MACD below 0
- under 20 SMA
Weekly
- Reversal candlestick signal in the weekly chart ( inverted hammer)
- exhaustion of the bullish momentum show by the MACD histogram
- MACD line and Signal line is ready to cross at the top
What to do now?
- Short the market immediately
- Please do your own proper risk management
#Good Luck to all traders!!!#