Hi guys , So far we Had a rising wedge, and in developement of a bear flag,
with possible target level , The 4 hour Mac D looks like its about to cross down.
The RSI is reaching mid point.
The 50 EMA IS crossing 200 ema which is strong indicator of downtrend
For confirmation of a reversal we need to be above 200 Ema
with possible target level , The 4 hour Mac D looks like its about to cross down.
The RSI is reaching mid point.
The 50 EMA IS crossing 200 ema which is strong indicator of downtrend
For confirmation of a reversal we need to be above 200 Ema