Top of long term channel, hitting resistance, over bought. I'm looking for a retracement to the middle of the channel and back to Price.
Price is at historic support, daily support and Bullish Knoxville divergence all indicating a meaningful reversal is possible. I set the stop tight and look for a pulse back to structure.
Knoxville Divergence on the 60 min. but Stochastic is oversold so waiting for stochastic on the 60 min to go oversold before entering a trade.