1. Candle - Shooting star formed. 2. Support and Resistance - Price at resistance 3. Volume - Volume above 20 days MA 4. DOW Theory - price within the Trading Range 5. Indicators - RSI - above 60 MACD - MACD histogram is above the zero line and begins to converge towards the zero line. 6. Risk ratio greater than 1.5
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.