15 minutes chart showing the story of the day. Divergences on MACD/RSI, and potentially on CMF/MFI. Overbought RSI. We are still in bull momentum. We are at very important resistance. Market can be irrational, but I would be careful going long at this point, would rather wait or short till 200 support. Note : After long price move in one direction, potential...
Hi, this is my first post. Sharing my view of US Dollar Index DXY threw UUP, where options can be trade. I would suggest to be careful entering long at this point because of the followings: 1-Weekly chart Hanging Man (signal potential reverse of bullish trend) 2-ATR signalling we might be reversing trend in 4H chart (top yellow circle) 3-MACD lines crossed on 4H...