The last chance for the bears to breakdown from H2 30Ma

٣١ مارس ٢٠١٨

Prices are setting up a sell setup at or near the H2 30 Moving average. However, the defensive rally comes from a failed attempt to create a lower low. When prices refuses to create a lower low after they have created at least 3 consecutive lower lows and lower highs, they will go up and will create a higher high. This could be the start of a defensive rally in longer timeframes.



I think this sell setup in H2 is going to fail.

Time will tell us.

Drbitcoinve