Pretty Clean Divergence can be seen on 4h Chart.
Conviction because the divergence happened in Overbought Zone.
Look for short to cover them Lower.
No high Leverage - Its a bull market still.
Conviction because the divergence happened in Overbought Zone.
Look for short to cover them Lower.
No high Leverage - Its a bull market still.
Trade active
Just gave 700-800 dollars move with a bottom of 26k.Bear divs still active would take entry above 30k between 30k-31k.
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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.