Monthly:
We broke the monthly uptrend June 2018.
With a big retest to start the bearish movement.
Currently in our downtrend.
Consolidating on a Monthly Support level .
Rejection candles indicating strong support zone.
Weekly:
Price respected the bearish TL on numerous occasions.
But price is getting in a triangle formation.
Waiting for the breakout to happen.
Previous candle has rejected the support zone , closing above.
Daily:
We reached our mid-range zone target bullish.
price bounced from this level pushing it back into the triangle formation.
Waiting for that breakout.
Price is ranging at the moment.
4Hour:
ENTRIES!!!
Wait for any sign of confirmation
We broke the monthly uptrend June 2018.
With a big retest to start the bearish movement.
Currently in our downtrend.
Consolidating on a Monthly Support level .
Rejection candles indicating strong support zone.
Weekly:
Price respected the bearish TL on numerous occasions.
But price is getting in a triangle formation.
Waiting for the breakout to happen.
Previous candle has rejected the support zone , closing above.
Daily:
We reached our mid-range zone target bullish.
price bounced from this level pushing it back into the triangle formation.
Waiting for that breakout.
Price is ranging at the moment.
4Hour:
ENTRIES!!!
Wait for any sign of confirmation