Possible actions:
*Bull
+2 bull patterns that define supp levels still in action (green arrow)
+ price at a neck line of inverted H&S (acting as supp)
+ at 38% fib level
+ stoch in oversold and ligh bull divergence
+ price at lower boll band
*Bear:
- strong upper res level defined by 4 strong bear patterns
- descending res trend line
- the low of lateral range (light blue rectangle, old supp) is acting now as a turncoat resistance
-SMA200 has capped the bull very well for now
I'm waiting for a clear signal before entering the mkt
*Bull
+2 bull patterns that define supp levels still in action (green arrow)
+ price at a neck line of inverted H&S (acting as supp)
+ at 38% fib level
+ stoch in oversold and ligh bull divergence
+ price at lower boll band
*Bear:
- strong upper res level defined by 4 strong bear patterns
- descending res trend line
- the low of lateral range (light blue rectangle, old supp) is acting now as a turncoat resistance
-SMA200 has capped the bull very well for now
I'm waiting for a clear signal before entering the mkt
