we spotted a extended divergance on RSI witch suggest trend contnuation ( drop )
if the price breaks the 0.618 of the fibonacci extention that its drawn above or the closest S/R zone to it
and gives confermation we are exepting to have a drop untill the next specified support zones
( alert! always anlyse on you'r own we do not give signals )
additional notes :
magenta/pink/red lines are previous S/R zones
light blue lines are for RSI divergances
green rectangles are the main chanels ( also sup & res zones )
yellow rectangles are the subChanels ( also used as sup & res zones )
darkBlue lines are pattern based dijanjonal chanels
if the price breaks the 0.618 of the fibonacci extention that its drawn above or the closest S/R zone to it
and gives confermation we are exepting to have a drop untill the next specified support zones
( alert! always anlyse on you'r own we do not give signals )
additional notes :
magenta/pink/red lines are previous S/R zones
light blue lines are for RSI divergances
green rectangles are the main chanels ( also sup & res zones )
yellow rectangles are the subChanels ( also used as sup & res zones )
darkBlue lines are pattern based dijanjonal chanels