Reversal bar at the trend line, 2nd entry with bearish bar

Signal bar - Reversal bar at the trend line, 2nd entry with bearish bar
Trend - Short term is very weak bullish, if you see big picture it is bearish.
Strength (Shadows and Candle Size) - bearish bar with wick rejecting higher prices. bullish trend has been already weaken.
Level (S/R, trend line short term trend line) -
key resistance area and signal bar has formed king of double top.
2nd entry (2 leg pullback) - 2nd entry chance to enter on bearish engulfing bar.
Breakout pullback - NA
EMA - EMA is kind of flat. Both EMAs are moving through bars from last 2 swing up. Which indicates that bull trend has almost lost its strength.
Reversal - Reversal bar at the trend line.
DT/DB - Reversal bar has formed double top
Congestion - 3 bars formed congestion.
Retrenchment - NA
Correlation with other pairs - NA
Other time frame - NA
Trend - Short term is very weak bullish, if you see big picture it is bearish.
Strength (Shadows and Candle Size) - bearish bar with wick rejecting higher prices. bullish trend has been already weaken.
Level (S/R, trend line short term trend line) -
key resistance area and signal bar has formed king of double top.
2nd entry (2 leg pullback) - 2nd entry chance to enter on bearish engulfing bar.
Breakout pullback - NA
EMA - EMA is kind of flat. Both EMAs are moving through bars from last 2 swing up. Which indicates that bull trend has almost lost its strength.
Reversal - Reversal bar at the trend line.
DT/DB - Reversal bar has formed double top
Congestion - 3 bars formed congestion.
Retrenchment - NA
Correlation with other pairs - NA
Other time frame - NA
Dagangan ditutup: hentian tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.