Going short with shooting star
1. The chart has defined the LH
2. shooting star spotted
3. bearish trend(daily)line is playing as resistance
4. 0.618 Fib. level (daily)will be the resistance
5. top to Bottom Time Cycle on the hourly chart is 12 bars(yet to be complete)
6. RSI divergence found on the daily chart
7. AB=CD pattern could be seen
2. shooting star spotted
3. bearish trend(daily)line is playing as resistance
4. 0.618 Fib. level (daily)will be the resistance
5. top to Bottom Time Cycle on the hourly chart is 12 bars(yet to be complete)
6. RSI divergence found on the daily chart
7. AB=CD pattern could be seen
Penafian
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