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Komen:
Inside the expected reversal zone, look for kumo flats to find confluence. At those lines, the probability of reversing is always greater
Komen:
Big bounce at 10000...
Expected, so the value of the pin bar is very low
Expected, so the value of the pin bar is very low
Komen:
We have a nice MD bar inside the reversal zone
Komen:
Now forming an MD bar just after penetrating the lower support
Komen:
1st thing to watch for is a break and close above 9230
Unless that happens, don't expect reaching KS
Unless that happens, don't expect reaching KS
Komen:
After bouncing from the reversal zone, Now expecting to reach resistance as follows...
Komen:
Almost at the trendline now...
Komen:
Almost there. Price as well as my oscillator are almost at the critical level. Just a bit more...
Komen:
We have an MD bar at resistance but the oscillator still needs to get above the line
Your call, take it or leave it
Your call, take it or leave it
Komen:
Still going down. A daily close below TS is a negative a good sign for the bears...
Komen:
Chart updated..