Stalking this. There is a clear resistance and price is putting pressure.
When I say putting pressure, I mean price is consistently below 20EMA and pushing down.
Waiting for a big red candle as trigger entry
Only, RSI is showing a bullish divergence so there is that bullish element going on simultaneously.
When I say putting pressure, I mean price is consistently below 20EMA and pushing down.
Waiting for a big red candle as trigger entry
Only, RSI is showing a bullish divergence so there is that bullish element going on simultaneously.
Trade closed: target reached
This hypothetical trade was a winner. Hypothetical because I did not enter it. Augh. I was sleeping when it made the move. Maybe I should have placed a limit order just below support?
But I'm happy my analysis here was correct at least
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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.