1.A WEDGE FORMED
2.IT BROKE BELOW TO INDUCE PEOPLE TO SELL
3.IT BROKE A RESISTANCE AREA AND IT IS RETESTING IT TO GET MORE PEOPLE TO SELL
4.IT IS CREATING A 'W' STRUCTURE BELOW THE WEDGE IN ORDER TO REVERSE AGAINST ALL THOSE THAT SOLD THE PAIR AND HIT THEIR SL AND BLOW ACCOUNTS
5.THE SECOND 'V' OF THE 'W' STRUCTURE WILL GO JUST BELOW YESTERDAYS LOW-WHICH IS THE FIRST 'V' OF THE 'W' STRUCTERE-THE AIM IS TO ACTIVATE SELL ORDERS
6.IT WILL REVERSE AGAINST THOSE THAT SOLD AND HIT THEIR SL AND BLOW ACCOUNTS
2.IT BROKE BELOW TO INDUCE PEOPLE TO SELL
3.IT BROKE A RESISTANCE AREA AND IT IS RETESTING IT TO GET MORE PEOPLE TO SELL
4.IT IS CREATING A 'W' STRUCTURE BELOW THE WEDGE IN ORDER TO REVERSE AGAINST ALL THOSE THAT SOLD THE PAIR AND HIT THEIR SL AND BLOW ACCOUNTS
5.THE SECOND 'V' OF THE 'W' STRUCTURE WILL GO JUST BELOW YESTERDAYS LOW-WHICH IS THE FIRST 'V' OF THE 'W' STRUCTERE-THE AIM IS TO ACTIVATE SELL ORDERS
6.IT WILL REVERSE AGAINST THOSE THAT SOLD AND HIT THEIR SL AND BLOW ACCOUNTS
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