W1 - Still my bearish bias intact!
On the monthly, price exceeding the first line of diagonal support (candle's body) and still inside my diagonal resistance (trendline) PRZ. Market showing bearish divergence as well, with price lower high and oscillators (RSI) with higher high. Market is near to the OB level (70).
On the weekly, market completed a potential bearish gartley pattern.
On the daily, market is near to complete a bearish deep shark pattern and somehow confluence to our weekly bearish gartley pattern completion.
Upcoming catalyst tomorrow which is the NFP. Expect for market volatility. Could this be a start for a reversal? We will see...
But again, trade with care and do risk managed.Good luck!
On the weekly, market completed a potential bearish gartley pattern.
On the daily, market is near to complete a bearish deep shark pattern and somehow confluence to our weekly bearish gartley pattern completion.
Upcoming catalyst tomorrow which is the NFP. Expect for market volatility. Could this be a start for a reversal? We will see...
But again, trade with care and do risk managed.Good luck!
Komen:
Instead this happened. A reaction on the 88.6 Fibo retracement hence a bearish Bat pattern prior from the lowest price (pattern's A point) during market correction. With a presence of bearish Divergence (X-D point).
