Just putting this out to see what is going to happen in the future
Just me watching a good ole TRI review.
Coiling momentum on the MACD 3 support levels Buying at the lowest Daily W support
Will Ray's bbq resolve? But nothing to get excited about that short squeeze. Too many rookies taking positions in the wrong locations
Have a potential double div on the daily showing up, and potential div on the hourly. The current price brings it to the daily ema tag short.
So in the previous entry, I was in location but didn't wait for Momentum confirmation AND structure, NOW we have both. This is how the hourly looks on the 1hr, line neckline, macd confirmation, and Willy ema cross over. STOP Over the range high.
Paper Trading the 1 hour - Although I admit at the moment trade location isn't great, just testing out a theory with the 1hr divergence on the RSI and MACD. Willy stupid overbought. If it does hit, then we go into Bot Bearish Set up
To Summarize, I was thinking / hoping it would break down into the RLZ but it didn't and with this strong consolidation and 3 lows to defend my trade and no divergence setting up on a Daily / 4 hr, I see no reason why it can't go upppppppppp
W's in the OBV, RSI, and we have the 200 ma near the 50% with the MUAK in the volume profile
You see my reasons on the chart bruh. Let's be honest, cripple sucks still. But what the hell, a trader's gotta trade.
Basically this is something I was waffling on but it's just a bearish bot set up with Dash care of the Brian. Anywhoo, I was hesitating on it because you know we're heading into reload zones and you shouldn't be hunting shorts in reload zones. Oh well, time will te-hell.