As posted on the previous idea we are ranging in a tight range. as per history price can retrace back to 6377 since every pump we retraced back in a ratio of 1.1. if price can consolidate in the blue zone and defend 6390 I expect we go to 6500 levels.
Kommentar:
Fib wise we retraced too much so high probability price won't get defended at 6390 and we do the full 1.1 retrace
Kommentar:
price is on ema's but some cloud ressistance up ahead and price below tendon and kijun on the 1hr and 4hr.
Kommentar:
Divergence on cmf and OBV 4hr
Kommentar:
also RSI div on 1hr
Kommentar:
Kommentar:
We made an other 1.1 retrace I don't know what causes this and why it is reacting this way but it looks really mechanical
