Observation
1) Trendline - Downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD - Downtrend below 0 (Bearish)
4) RSI - Testing to Break above 30% (Bullish) -
5) Sto - Formed Bearosj Crossover and broke below 50% (Bearish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - Bullish Engulfing (Bullish)
5 Points
2 Points
Winner Bear ( Throw down wrestling style)
Let wait for it to break the descending downtrend line
Let wait for it to break the descending downtrend line
Entry Price 1493 or 1513 ( Safer)
Resistance at 1523 and 1538
Support a 1472 or 1463
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