Chart: Daily Time Frame
Market: Bullish Trend
Bearish Indicators:
1. High test candlestick pattern found on Weekly time frame @
key weekly/daily resistance level (0.77500)
2. Double top @ 0.77500 (26 & 27 April)
3. Bearish engulfing candle @ 0.77500 (27th April)
4. Lower highs (marked by red dots)
Price managed to close below 0.7600 last week, but will most likely pull back around the 0.76700 area
before moving further to the downside - expected to reach trend line support.
Agree/Disagree? Comment Below!
Market: Bullish Trend
Bearish Indicators:
1. High test candlestick pattern found on Weekly time frame @
key weekly/daily resistance level (0.77500)
2. Double top @ 0.77500 (26 & 27 April)
3. Bearish engulfing candle @ 0.77500 (27th April)
4. Lower highs (marked by red dots)
Price managed to close below 0.7600 last week, but will most likely pull back around the 0.76700 area
before moving further to the downside - expected to reach trend line support.
Agree/Disagree? Comment Below!
