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On yesterday's chart I showed we have three bearish engulfings on daily and the 9500$ support is lost. Which is pretty bearish.
Here is the Local view: on 4h timeframe we have four bearish engulfings in a row and the fourth one crossed the horizontal. It's a strong confirmation of a breakout and the Reason to take short.
For price to be bullish again we need see a close above 9500$ at least. Current priority is short
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
On yesterday's chart I showed we have three bearish engulfings on daily and the 9500$ support is lost. Which is pretty bearish.
Here is the Local view: on 4h timeframe we have four bearish engulfings in a row and the fourth one crossed the horizontal. It's a strong confirmation of a breakout and the Reason to take short.
For price to be bullish again we need see a close above 9500$ at least. Current priority is short
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice