oil is near a major trendline in weekly time frame and a bullish divergence is clear in daily timeframe . so what is my trading strategy?
we should monitor market and indicators any time bars be shorter in MACD or bullish reversal in any indicator occur we can have a buy stop on tick above last daily high and stop one tick below the low made prior to bullish reversal . is it clear or no ?
this just my trading strategy and is not a recommendation to buy
we should monitor market and indicators any time bars be shorter in MACD or bullish reversal in any indicator occur we can have a buy stop on tick above last daily high and stop one tick below the low made prior to bullish reversal . is it clear or no ?
this just my trading strategy and is not a recommendation to buy
Note
the divergence not yet complete be aware one day or two if divergence will occur the odds are high for reversal
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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.