Bullish Signal - Falling Wedge Formation ( wait for Pin Bar or break below )
Bull Or Bear Signal Price Action Sits on top of EMA-200 1hr time frame ( will it bounce ? )
Bearish Signal 10 EMA crossing down over 20 EMA ( will it continue down ? )
Bull Or Bear MACD sits on support ( will it break down or UP )
Wait for sure confirmation and tick off the above to determine direction
Bull Or Bear Signal Price Action Sits on top of EMA-200 1hr time frame ( will it bounce ? )
Bearish Signal 10 EMA crossing down over 20 EMA ( will it continue down ? )
Bull Or Bear MACD sits on support ( will it break down or UP )
Wait for sure confirmation and tick off the above to determine direction
Commentaire:
wait for pin bar and take long or place buy order bellow the low if price moves down to create pin bar and moves sharply up....
( wait to see if retrace holds )
Price Action on the daily TF on 200 EMA seems to be bounce area
10 and 20 EMA still indicate bearish pattern
MACD still unresponsive
Conclusion - wait and see but seems we may have bullish reversal