Bullish divergence and False Break on JKHY on Daily
Strong upwick bar, bouncing with fb from 170 support, bullish div on many indicators, expecting rise up to 1 ATR
TP 177,49
E 172,37
SL 169,07
Good bullish div, one remark: 4H TF is still in downtrend, 13EFI is still not showing much strength.
Also, the impuls on weekly is still red, but Factor 3 is blue , so I'm okay with that, also because the movements are close to the flat EMA's on the weekly.
Furthermore, the bullish div is showing a false break.
Trade #00011
Results so far:
6 from 10 worked out. Hitrate: 60%
TP 177,49
E 172,37
SL 169,07
Good bullish div, one remark: 4H TF is still in downtrend, 13EFI is still not showing much strength.
Also, the impuls on weekly is still red, but Factor 3 is blue , so I'm okay with that, also because the movements are close to the flat EMA's on the weekly.
Furthermore, the bullish div is showing a false break.
Trade #00011
Results so far:
6 from 10 worked out. Hitrate: 60%
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