- Price now doing a pull back after breaking out of the bearish head and shoulders pattern.
- volume declining as price creeps upwards
- bearish divergence: price making higher highs but oscillator making lower highs
- Overall looks weak from here hence expecting price to drop.
However, uptrend is still intact, hence I'm watching how it will bounce from support. Might enter the long trade if I see bullish divergence as price approaches support, though I expect it to be a short one.
- volume declining as price creeps upwards
- bearish divergence: price making higher highs but oscillator making lower highs
- Overall looks weak from here hence expecting price to drop.
However, uptrend is still intact, hence I'm watching how it will bounce from support. Might enter the long trade if I see bullish divergence as price approaches support, though I expect it to be a short one.
Dagangan aktif
bullish divergence as price approached support, orders filled. Nota
better screen shot...Nota
Got stopped out, and it went down to the next support level. I was thinking of getting out when I saw the pennant forming since it tends to be a continuation pattern but I didn't in the end. Oh well, perhaps a lesson to be learned. But now I'm back in again.- there's bullish divergence on 1h and also forming on 15 min.
Nota
still in the trade. Was in the red for awhile and averaged down. There was just bullish divergence everywhere, in the green now :)Dagangan ditutup secara manual
Forgot to update but I had a trailing stop loss and closed in profit.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.