update - Price retests 4H bearish support. Still a sell!
During bearish markets volatility is always increased and pull backs are always larger than in bullisg trends! This is due to natural human behaviour... and algo HFTs are programmed by humans too! They are still not AI :-)
- Price is reaching Kumo, Kijun and 100WMA
- Large HA candle, and next candle will be green as well, but watch if haDelta can stay above zero during next 1-2 candle prints. Also watch if next two candles can make a higher high or not.
- 2075-2082 is a bearish support area and optimal for a sell!
- HA Oscillator still red, EWO also far away from a bullish reversal.
Risk reward is better for shorts! Hang on, and add to your shorts!
- Price is reaching Kumo, Kijun and 100WMA
- Large HA candle, and next candle will be green as well, but watch if haDelta can stay above zero during next 1-2 candle prints. Also watch if next two candles can make a higher high or not.
- 2075-2082 is a bearish support area and optimal for a sell!
- HA Oscillator still red, EWO also far away from a bullish reversal.
Risk reward is better for shorts! Hang on, and add to your shorts!
