The following statements are my own and not a recommendation to anybody. If you like it like it, if you dislike it dislike it.
The Market Tide of this market is Bearish. Meaning the longer time frame. So I am prohibited to buy this market.
Weekly EMA is pointing down. The Volume is not getting stronger, MACD also shows negative divergence, EFI is Positive, Stochastic is almost a the turning point. That is why you should not be a greater fool i dont want to be.
The Market Wave of this market the daily. Price is already turning to the Value Zone. Volume is not getting stronger, MACD Histogram is moving lower, EFI is indicisive, Stoch is Pointing down.
Entry: Placing a Sell Stop below the previews day candle with a tight Trailing stop at the green VSTOP. With TP at the edge of the Envelope.
ENTRY 2. Conservative Trader. Will Enter for sell IF the price close below the DAILY EMA.