Bear POV :
rejection by top part of descending channel
break of ascending triangle
rejection by ichimoku
rejection by MA50
RSI downward facing
Targets for the bears :
- 1 : 9400 Horizontal support
- 2 : 0.5 Fibo
- 3 : bottom part of descending channel
- 4 : 0.618 Fibo
Bull POV :
Current level supported by
- 0.382 Fib level
- median of of descending channel
- MA 100
- Fear and green index of 5 : Extrem Fear
Targets for the bull :
- 1 : 11K : top part of descending channel + ichimoku cloud + bottom part of ascending triangle
- 2 : 12K : previous high
What do you think ?
rejection by top part of descending channel
break of ascending triangle
rejection by ichimoku
rejection by MA50
RSI downward facing
Targets for the bears :
- 1 : 9400 Horizontal support
- 2 : 0.5 Fibo
- 3 : bottom part of descending channel
- 4 : 0.618 Fibo
Bull POV :
Current level supported by
- 0.382 Fib level
- median of of descending channel
- MA 100
- Fear and green index of 5 : Extrem Fear
Targets for the bull :
- 1 : 11K : top part of descending channel + ichimoku cloud + bottom part of ascending triangle
- 2 : 12K : previous high
What do you think ?