80,50 horizontal reistence worked well on 4 Hrs chart, especially that it was the top of the daily Kumo Cloud too.
The turnaround was pretty agressive, 4 Hrs mini bullish trendline broken, and price dropped below the Kumo.
Given that DMI components are too wide and also Slow Stoch is turning up from oversold level, we'll hopefully see a bounce to 80 - 80,10, where we can look for sell signals to go short.
Daily chart components clearly support bearish trades now: MACD sell signal, DMI sell signal. Setup your price alerts to px > 79,90, or just place limit sell orders in 79,90 - 80,10 range in more clips.
The turnaround was pretty agressive, 4 Hrs mini bullish trendline broken, and price dropped below the Kumo.
Given that DMI components are too wide and also Slow Stoch is turning up from oversold level, we'll hopefully see a bounce to 80 - 80,10, where we can look for sell signals to go short.
Daily chart components clearly support bearish trades now: MACD sell signal, DMI sell signal. Setup your price alerts to px > 79,90, or just place limit sell orders in 79,90 - 80,10 range in more clips.