Bullish 3 Line Strike at PCZ of Bearish ABCD on the Daily TF
We have Bearish Divergence on both the MACD and RSI. I previously pointed out this ABCD on a different chart but today we got one of the most Bearish Daily Candlestick Pattern Confirmations that we could ask for at these levels and it is in the form of a Bullish 3 Line Strike and are Diverging on Both indicators.
I will have stops above the terminal bar's high and will add to the shorts if it makes a retrace towards the highs again and i will target the C level at around $50 for profit taking.
I will have stops above the terminal bar's high and will add to the shorts if it makes a retrace towards the highs again and i will target the C level at around $50 for profit taking.
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