Weekly Predictions (Feb 18 - 22)

17 févr. 2019

- Price is oversold on the Stochastic Oscillator
- Price reversed at recent low
- Might form a double bottom

17 févr. 2019

Note

4-hr chart


- Consolidation
- Price neither oversold nor overbought
- Price recently broke above EMA (25, close) and closed on a retest

Predictions: Watch for bullish candlestick to form breaking above consolidation zone

17 févr. 2019

Note

1-hr chart


- Consolidation
- Price overbought on Stochastic Oscillator

17 févr. 2019

Note

Key Analysis: Since price oversold on daily and overbought on the Stochastic Oscillator from the hourly this could mean that price will go on a brief downtrend, maybe retest at the EMA (25, close) on the 4-hr or hourly chart and then resume uptrend