Hello traders
Bearish indication
1. dow theory - bearish trend. hl - ll
2. bearish engulfing candle pattern
3. price level below 23.8% fib level
4. bearish parallel channel in continuation.
5. moderatly bullish in december
Bullish indication
1. price level at above fib level 23.80
2. price level at 4 hour support
3. decrease in volume - possible divergence ahead
4. st-dev under 1.0 showing price at fare value
Trade plans shared in chart
Regards.
Bearish indication
1. dow theory - bearish trend. hl - ll
2. bearish engulfing candle pattern
3. price level below 23.8% fib level
4. bearish parallel channel in continuation.
5. moderatly bullish in december
Bullish indication
1. price level at above fib level 23.80
2. price level at 4 hour support
3. decrease in volume - possible divergence ahead
4. st-dev under 1.0 showing price at fare value
Trade plans shared in chart
Regards.
