Close ( 5652) Well below the DEma ( 5692) and below the DLema ( 5674). Trend is down with momentum .
We have a sell on day TF now with Sell on hour TF .
Is that a Head and a shoulder pattern ? We will know tomorrow for sure .
+ve divergence developing on hour TF and we have closed at support lvl of 5650 .
Support with +ve divergence may give a upmove ..
Week trend is up , If we get a buy in hour TF now , with Weak trend up , it could be valid buy if it triggers in Day TF also following the hour TF .
HLema at 5655
Dlema at 5674.
Hour ema s , 20 and 100 are right at 5690 , tomorrow will tell if there is -ve cross Or a fast rise ...
We have a sell on day TF now with Sell on hour TF .
Is that a Head and a shoulder pattern ? We will know tomorrow for sure .
+ve divergence developing on hour TF and we have closed at support lvl of 5650 .
Support with +ve divergence may give a upmove ..
Week trend is up , If we get a buy in hour TF now , with Weak trend up , it could be valid buy if it triggers in Day TF also following the hour TF .
HLema at 5655
Dlema at 5674.
Hour ema s , 20 and 100 are right at 5690 , tomorrow will tell if there is -ve cross Or a fast rise ...
