I decide to take profit from my previous position becouse..
On H1 smaller divergence can be seen.
On H4 the price is at MA200, and RSI is at 60 lvl. This can be some reversal point but as well and conformation of future up movement.
I`m looking at D chart and right now is my time to take a sell and go into my compounding strategy
On H1 smaller divergence can be seen.
On H4 the price is at MA200, and RSI is at 60 lvl. This can be some reversal point but as well and conformation of future up movement.
I`m looking at D chart and right now is my time to take a sell and go into my compounding strategy
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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.