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While the price is below the resistance 66.50, beginning of downtrend is expected.
We make sure when the support at 55.20 breaks.
If the resistance at 66.50 is broken, the short-term forecast -beginning of downtrend- will be invalid.
The RSI uptrend #1 is broken, so the probability of beginning of downtrend is increased.
Auto Industry, depicting robust fractals (part 1)
Not long ago, auto industry and its ancillary companies were hitting all-time highs. But lately the mood has been somber. Motherson Sumi is down 40% from its 13 month high (or rather all time highs), whereas Maruti is down more than 25%. So is it the right time to buy?
What caused such change in fortunes? Can...
www.tradingview.com macd above 80 ready for the drop and its had a breakout of the 100 fibonaci retract=ment level so bears are ready for a game after the bulls wipe the plug out .at writing this post ripple has crossed eth with xrp at 22.2 billion and eth at 22 billion so lets wait for a confirmation for this trade to initiate