MoneyMunch.com

  Volume vs. Price Action:

Points to be focus on:

• Gap (run away type)
• Invalid Doji (from the left to right Doji is invalid because of low volume compare to previous candle)
• sequence of tails (sign of existence negativeness)
• Interruption began to push price upward.

Red Alert : sellers will take action on the Red Alert zone 1542 to 1490, and price will T1 as target.

Fibonacci Retracement:

Confluence zone 1353 to 1329 target
next target 1250 nearby if sellers will continue.

Wave analysis theory (unconfirmed):

Parallel Channel and Project:

T1 -1375 to 1380