December 28, 2013

FACEBOOK Bearish Weekly Candle

  • Weekly candle looks like a Gravestone Doji. The candlestick lacks perfection because of the small lower shadow still it looks bearish.
  • Daily MACD is showing bearish alignment. Price is approaching crucial support lines and 23.6% Fib level. These support levels should break for the bearish scenario to play out.
  • EURUSD Hits Monthly Resistance line