MACD - Monthly Weekly downtick Daily Down Hourly - uptick RSI Stochastic bullish divergence Possibility - Stochastic and RSI from overbought downtick( Shorts calls) RSI<40 - Might start downwards momentum Gap up opening takes resistance @17230 17200 CE || 17000 PE Sell calls on Gap ups of 17200 CE @90
MACD Weekly uptick about to PCO Daily Down Hourly - down Possibility - Stochastic and RSI from overbought downtick( Shorts calls) RSI<40 - Might start downwards momentum Gap up openning takes reistance @17650 Hourly BB is wide, Price is in Lower Part so momentum in 15 mins might fail only for study purpose