4 Hours Chart:

Very strong bullish trend. RSI is going up very fast and is already at doors of overbought zone. Right now it is at 75. Trixes are crossed and both are green. Trixes are going up.

Hourly Chart:

Already neutral trend. RSI is moving down. After being in overbought zone now RSI is moving down. It is at 52 already. Trixes are both crossed and both are in red color. Trixes are going down.

15 Minute Chart:

Neutral trend as well. RSI is now trying to go back up after going down for some time. We had 2 red bearish divergences and both trixes are red. Trixes are crossed and going down.

5 Minute Chart:

Strong bullish trend for long time. RSI is going up and it is already at 55. We had red bearish divergence but that is over now, and now trixes turned color to green and are crossed.

Fibonacci Pivot Line is at 1,30515 and we have open high above it at 1,31049. And so far we are moving around opening line.

Support Lines:
1,30158
1,29794
1,29573
1,29344
1,28988
1,28624

Resistance Lines:
1,30879
1,31235
1,31464
1,31685
1,32049
1,32406

Plan:
We have open above Fibonacci Pivot Line and trends are saying that we will go bullish. So i will wait for good spot and try to trade some coins into bullish or if i see some bad news i will gladly take a dive.

Forex News:
Most important news will come afternoon. This important news are: Core Durable Goods Orders m/m, Unemployment Claims and New Home Sales. This news will have impact on US Dollar. This important Forex news will come out at  14:30 and 16:00.

But we will not enter a trade between this times:
14:00 – 15:00
15:30 – 17:00

Most Related Posts

• No Related Posts Found