Trend reversal?

2019년 12월 16일

Weekly
- downtrend
- price at 61.8 of previous swing
- and at 50 of 2nd swing

Daily
- Divergence from RSi
- Not broken out of ascending RSI trend line

4hr
- RSI divergence

1hr
- RSI is in sell ranges now.
- Price broken out of trend line. Numerous rejection wicks

15mins
- Clearer
- price is making lower Highs all the time
- rejected and respected broken trend line
- indecision dojis forming
- like to see price break lower pink trend line and close around 0.64810

Summary
Bearish trade by using 15 minute time frame for entry after waiting for break of pink line.

2019년 12월 16일

노트

Initial plan was not successful.

Will monitor for further actions