Bullish Signal - Falling Wedge Formation ( wait for Pin Bar or break below ) Bull Or Bear Signal Price Action Sits on top of EMA-200 1hr time frame ( will it bounce ? ) Bearish Signal 10 EMA crossing down over 20 EMA ( will it continue down ? ) Bull Or Bear MACD sits on support ( will it break down or UP )
Wait for sure confirmation and tick off the above to determine direction
评论
⋅
Falling Wedge Topside Breached indicating Possible continuation of new uptrend ( wait to see if retrace holds ) Price Action on the daily TF on 200 EMA seems to be bounce area 10 and 20 EMA still indicate bearish pattern MACD still unresponsive
Conclusion - wait and see but seems we may have bullish reversal
评论
⋅
wait for pin bar and take long or place buy order bellow the low if price moves down to create pin bar and moves sharply up....