We are currently being supported by the daily ribbon, the trendline that's been supporting us since 4th April, and also finding some support on the fib 0.23 levels.
Bearish signs - we broke below 4Hr ribbon, bearish cross on the stochastic rsi weekly. resistance from 100EMA at 5197.
So lets just eye 5000-5200 now whether we break above the resistance or below the support (5100) but we must ignore the wicks.
Bearish signs - we broke below 4Hr ribbon, bearish cross on the stochastic rsi weekly. resistance from 100EMA at 5197.
So lets just eye 5000-5200 now whether we break above the resistance or below the support (5100) but we must ignore the wicks.