â We have a sell signal on the daily Renko chart still in the making.
â The 4H is full bearish already while pointing lower.
â The weekly is still green, a closes below 40,000 we get the first sell signal there as well.
Let's look at the charts.
4H Timeframe:
âïž Easy to see the resistance and inverted triangle.
âïž Moving below EMA50 on the current session.
âïž Pretty clear.
Daily Timeframe:
âïž The red brick already showing but not in yet. A close below 40,000 needs to happen daily for this signal to confirm.
âïž We could say it is early on this timeframe.
Let's wait for the week to close to revisit and see how the Renko chart is doing.
đ We have early reversal signals coming from this charting system.
đ The Renko system is saying that a potential change of trend is already developing.
Namaste.
â The 4H is full bearish already while pointing lower.
â The weekly is still green, a closes below 40,000 we get the first sell signal there as well.
Let's look at the charts.
4H Timeframe:
âïž Easy to see the resistance and inverted triangle.
âïž Moving below EMA50 on the current session.
âïž Pretty clear.
Daily Timeframe:
âïž The red brick already showing but not in yet. A close below 40,000 needs to happen daily for this signal to confirm.
âïž We could say it is early on this timeframe.
Let's wait for the week to close to revisit and see how the Renko chart is doing.
đ We have early reversal signals coming from this charting system.
đ The Renko system is saying that a potential change of trend is already developing.
Namaste.
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followalan.com
đš Free PREMIUM Trade-Numbers
alansantanatrades.com
đ„ New Lowest Pricing Ever â Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Daily (sell signal is now in/confirmed)
Weekly (no new bricks since early Dec.)
A red brick coming out... Bearish