FCPO 13 Feb 2023 : Sideway/Continue downtrend

30min view :
1. SnR: Price rejected the test support area and try to cross the resistance area. However not sustain above the zone.
2. Channel/TL: Price overshoot the TL but is not sustainable to go further.
3. MACD: still not shows an indication of bullish divergence even though green MACD already happening.

5min view in the comment

Commento:

5min : price had given us re-entry point when reject and retest EMA12

Commento:

Price rejects mid-channel
Price Cross EMA50 = Sideway/change direction
Bullish divergence

Commento:

Buy or Sell?
Price reaches top offset channel.
1min have bearish div. but not confirm until break lower than 3912
So far price still not break important resistance level yet. no bullish view yet