• Weekly- bearish breakout from bullish trend
• Daily- breakout from rising wedge
- MACD crossover signalling bearish move
- Retest of 38.00% fib level
• 4 Hour- bullish move towards 38.80% fib which I will look to take short position from
- This is further signalled by bullish crossover
• Hourly – MA about to crossover and will look to short once pullback is broken
• Verdict – will look to short once pullback is broken.
• Daily- breakout from rising wedge
- MACD crossover signalling bearish move
- Retest of 38.00% fib level
• 4 Hour- bullish move towards 38.80% fib which I will look to take short position from
- This is further signalled by bullish crossover
• Hourly – MA about to crossover and will look to short once pullback is broken
• Verdict – will look to short once pullback is broken.
