- Reversal candlestick pattern suggesting beginning of a downtrend after pair came from a sustained uptrend, made new yearly highs and had double confirmation of being overbought on the Stochastic Oscillator and RSI - Wait for break and retest of previous resistance, now turned support and EMA (25, close) on the downside
Kommentera
⋅
4-hr chart
- Pair oversold on Stochastic Oscillator - Failed to break EMA (25, close) on the upside - Look out for price to test support again