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AleksanderThor
15 Nis 2016 08:35

$UK100 RSI Forecast Satış

FTSE 100 index of UK listed sharesFXCM

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6.341 is the forecast from the RSI calculation

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Now we can add a shark as an additional layer to question this reversal point

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Now lets add a Wolfe to the picture

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Pay attention to the Action/Reaction lines to confirm 5

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If we take a look at the RSI, we have a lot of confluence at this point

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If we take a look at Market profile on Weekly then we are at exactly at the POC

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At lower frames we can start catching early signs for a reversal

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Our next focus will be whether it can break the lower median line the fork

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Need to close below

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Now looking for the retest of the broken lower median line
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AleksanderThor
Succesfull Retest
AleksanderThor
Retesting

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