long term bullish, short term bearish (touching 136x price)
i really like this chart very much, the market really respect the chart and weekly trendline very much
from there we could see 3 step scenario
1. 2 or more weekly candle would retest the new support line soon (around 135x -136x)
2. that 2 or more red candle would change bullish macd into bearish macd
3. after that we back to side way trend with macd showed bearish trend later (look at maret-may 2019)
from there we could see 3 step scenario
1. 2 or more weekly candle would retest the new support line soon (around 135x -136x)
2. that 2 or more red candle would change bullish macd into bearish macd
3. after that we back to side way trend with macd showed bearish trend later (look at maret-may 2019)