We can see the formation of triangle very clearly.
First stop is a double bottom 6k, but unfortunately this is just a beginning of dive to the bigger depths.
We are on the border of ichi and below the MA50/200 in 15min TF.
This created a strong resistance zone at 6700 which should be difficult to break out of there.
Support at 6200 is very very weak and buy volume is also extremely weak at this moment.
Short target 6k-5,8k. Then I am expecting a bounce from this target and consolidation to the side as well.
First stop is a double bottom 6k, but unfortunately this is just a beginning of dive to the bigger depths.
We are on the border of ichi and below the MA50/200 in 15min TF.
This created a strong resistance zone at 6700 which should be difficult to break out of there.
Support at 6200 is very very weak and buy volume is also extremely weak at this moment.
Short target 6k-5,8k. Then I am expecting a bounce from this target and consolidation to the side as well.
Kommentera:
Kommentera:
RISING WEDGE. Also pretty good signal for fall down.
Kommentera:
BEWARE OF FOMO.
Now I can see two possible options.
Now I can see two possible options.
Kommentera:
Maybe fractals.
