An instant term analysis with tech

Nov 7, 2019

from this 15min picture, we can see clear signals
1. first, it starts up trend until 9:00, then drop below support 50MA, but this is not our signals, it needs confirm!
2. then, in about 6 hours, 3 times try, shorter and lower, it did not breakout the 50MA
3. meanwhile look at the RSI, it drop below 44 the important level and cross low RSI MA

finaly, the pattern formed!

Nov 7, 2019

Note

now there is a strong day support in the redline