What do we have here?
Divergence and resistance tell a story. But the indicators are not predictors. They "indicate".
That's why we are patient and wait for a break of the trendline (yellow) on a close. If that happens, then we have more certainty and can short a potential pullback
#patientpitchfork @RiderOfThePF
Divergence and resistance tell a story. But the indicators are not predictors. They "indicate".
That's why we are patient and wait for a break of the trendline (yellow) on a close. If that happens, then we have more certainty and can short a potential pullback
#patientpitchfork @RiderOfThePF
Note
It looks like they washed the upside.Here's a 1h view:
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Disclaimer
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.