Something to keep your eye on. Showing bullish divergence on multiple time frames that may offer a short term LONG position before a perfect short set up. This may still continue down and I am looking for the 8 ema to push up and cross the 21 for possible entry.
This is just
*May continue down and the break of the channel may indicate that but with divergence showing a bullish on multiple time frames It has potential for a short term Long position first.
Please provide thoughts and input as i learn and grow from others.
This is just
*May continue down and the break of the channel may indicate that but with divergence showing a bullish on multiple time frames It has potential for a short term Long position first.
Please provide thoughts and input as i learn and grow from others.
Order cancelled
Divergence corrected and down trend is continuing
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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.