Is it time for this upside to reverse?
I have placed a short on the dollar with quite a tight top loss in case I have read the reversal wrong.
1hr MACD histogram is showing a reverse in trend to the short side
1hr & 4hr Stochastic MAs have crossed and are starting to enter momentum territory
I have placed a short on the dollar with quite a tight top loss in case I have read the reversal wrong.
1hr MACD histogram is showing a reverse in trend to the short side
1hr & 4hr Stochastic MAs have crossed and are starting to enter momentum territory
Trade closed: stop reached
Perhaps its not time for a reverse! orrrrr my parameters were too tight... let's see how it plays out over the coming hours
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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.