Hey!
During the downtrend - nice and clean lower highs & lower lows - we should get a nice sell setup. I put this idea post a bit earlier and hopefully, You have some time to prepare for it.
Sell criteria which all should act as resistances:
1. Previous resistance, March high
2. The round number 1.14000
3. The trendline from 2018 Sept.
4. Different Fibonacci retracement levels
5. Daily EMA's around the blue box
6*. As always, to get more secure entry, You have to wait for a bearish candlestick formation on the marked area.
Do not forget to support my idea post by hitting the "LIKE button!
Thank You!
Have a nice day,
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
During the downtrend - nice and clean lower highs & lower lows - we should get a nice sell setup. I put this idea post a bit earlier and hopefully, You have some time to prepare for it.
Sell criteria which all should act as resistances:
1. Previous resistance, March high
2. The round number 1.14000
3. The trendline from 2018 Sept.
4. Different Fibonacci retracement levels
5. Daily EMA's around the blue box
6*. As always, to get more secure entry, You have to wait for a bearish candlestick formation on the marked area.
Do not forget to support my idea post by hitting the "LIKE button!
Thank You!
Have a nice day,
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
