Analysis based on the current Month price movement
Analysis based on the price movement so far for the current month ,
- Green box is the area where price has moved since the start of current month .
- So far for the trend has been down ,
- If price stays below that trendline area or 1292 its a short,
- Currently its re testing the 50 percent retracement of the down(1303.xx - 1256.xx) move this month
Arrows in Red are the possible short entries .
- Green box is the area where price has moved since the start of current month .
- So far for the trend has been down ,
- If price stays below that trendline area or 1292 its a short,
- Currently its re testing the 50 percent retracement of the down(1303.xx - 1256.xx) move this month
Arrows in Red are the possible short entries .
I am a Chart Slave.Thank you TradingView and @nmike.
a. Yellow - Gartley
b. Potential Bullish bat in red
c. Potential Bullish ab=cd in black