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
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
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,,
Note
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,
Note
April 13 2019bearish divergence in 1 hour.. ignore this post if the price do rise up... :))
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.